Perimeter Solutions (PRM) executive gains 200,000 performance-based stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions, Inc. reported that President - Global Fire Safety Jeffrey Emery acquired 200,000 stock options through vesting of a previously granted award. These options relate to a 1,000,000-share option granted on May 6, 2022, which vests in five equal annual installments tied to performance goals.
The company states that performance criteria for fiscal year 2025 were met, triggering vesting of 200,000 shares under this option. Following this vesting event, Emery now holds 500,000 stock options directly, reflecting accumulated vested portions of the original performance-based grant.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Emery Jeffrey
Role
President - Global Fire Safety
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 200,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 500,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Perimeter Solutions (PRM) report for Jeffrey Emery?
Perimeter Solutions reported that President - Global Fire Safety Jeffrey Emery acquired 200,000 stock options through vesting. These options are part of a 1,000,000-share performance-based grant originally awarded on May 6, 2022 and tied to annual performance goals.
Why did 200,000 Perimeter Solutions (PRM) stock options vest for Jeffrey Emery?
The 200,000 stock options vested because Perimeter Solutions met specified performance criteria for fiscal year 2025. The original 1,000,000-share option grant vests in five equal annual installments, each subject to the company satisfying set performance goals for that fiscal year.
How many Perimeter Solutions (PRM) stock options does Jeffrey Emery hold after this transaction?
After this vesting event, Jeffrey Emery holds 500,000 Perimeter Solutions stock options directly. This reflects the cumulative vested portion of his May 6, 2022 performance-based option grant as disclosed in the insider transaction report.
Is Jeffrey Emery’s Perimeter Solutions (PRM) stock option grant performance-based?
Yes. The 1,000,000-share stock option grant to Jeffrey Emery is performance-based. Each of the five equal annual vesting tranches depends on Perimeter Solutions satisfying defined performance criteria for the corresponding fiscal year from 2022 to 2026.
What fiscal year performance triggered Jeffrey Emery’s latest Perimeter Solutions (PRM) option vesting?
The latest 200,000-share vesting for Jeffrey Emery was triggered by Perimeter Solutions meeting its performance criteria for fiscal year 2025. The company states that satisfying the 2025 goals caused this portion of the original option to vest.