Perimeter GC vests 120,000 stock options
Perimeter Solutions, Inc. reported that General Counsel Noriko Yokozuka acquired 120,000 stock options through vesting of a previously granted award.
Rhea-AI Filing Summary
Perimeter Solutions, Inc. reported that General Counsel Noriko Yokozuka acquired 120,000 stock options through vesting of a previously granted award. These options relate to an option granted on November 8, 2021 to purchase 600,000 shares of common stock, which vests in five equal annual performance-based installments. The company states that its performance criteria for fiscal year 2025 were met, triggering vesting of the option with respect to 120,000 shares. Following this vesting event, Yokozuka now holds 360,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 120,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On November 8, 2021, the reporting person was granted an option to purchase 600,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2022, 2023, 2024, 2025 and 2026. The performance criteria for 2025 were met, resulting in the vesting of the option as to 120,000 shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Perimeter Solutions (PRM) report for Noriko Yokozuka?
How many Perimeter Solutions (PRM) stock options does Noriko Yokozuka hold after this Form 4?
What triggered the vesting of 120,000 PRM stock options for Noriko Yokozuka?
When was the original Perimeter Solutions (PRM) option grant to Noriko Yokozuka made?
How is Noriko Yokozuka’s PRM stock option grant structured over time?
Does the latest PRM Form 4 involve an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.