LeMaitre (NASDAQ: LMAT) director gains PSU-based stock and dividend rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LeMaitre Vascular director Lawrence J. Jasinski reported equity awards tied to performance share units. On February 26, 2026, he acquired 476 shares of common stock at no cost upon settlement of a PSU award granted on December 6, 2024, plus 1 additional common share from a derivative exercise.
The PSU award vested one‑third when the performance condition was determined satisfied on February 26, 2026, with the remaining two‑thirds vesting in equal annual installments over the next two years. Related dividend equivalent rights, economically equal to common stock, now total 2.8963 rights.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 shares exercised/converted
Mixed
3 txns
Insider
Jasinski Lawrence J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 1 | $0.00 | -- |
| Grant/Award | Common Stock | 476 | $0.00 | -- |
| Exercise | Common Stock | 1 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Rights — 2.896 shares (Direct);
Common Stock — 5,798 shares (Direct)
Footnotes (1)
- These shares represent LMAT common stock acquired on February 26, 2026, upon settlement of a Performance Share Unit (PSU) award granted on December 6, 2024. The PSU award vested 1/3 upon determination of satisfaction of the performance condition (on 2/26/2026), and the balance vests in equal annual installments on the grant date anniversary over the next two years. Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis. These dividend equivalent rights were released in connection with the vesting of a PSU award granted on December 6, 2024. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.
FAQ
What insider activity did LMAT director Lawrence Jasinski report on February 26, 2026?
Director Lawrence Jasinski reported acquiring equity awards on February 26, 2026. He received 476 shares of LeMaitre Vascular common stock at no cost from a performance share unit settlement, plus 1 additional share through a derivative exercise linked to dividend equivalent rights.
How are dividend equivalent rights treated in Lawrence Jasinski’s LMAT equity awards?
Dividend equivalent rights are released in connection with the vesting of the PSU award. Each right is the economic equivalent of one share of LeMaitre Vascular common stock, and recent transactions increased his directly held dividend equivalent rights to a total of 2.8963 rights.