Perimeter Solutions exec gains 200,000 stock options
Perimeter Solutions, Inc. reported that President - Global Fire Safety Jeffrey Emery acquired 200,000 stock options through vesting of a previously granted award.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 200,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. On May 6, 2022, the reporting person was granted an option to purchase 1,000,000 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 200,000 shares of common stock.
FAQ
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What insider transaction did Perimeter Solutions (PRM) report for Jeffrey Emery?
Why did 200,000 Perimeter Solutions (PRM) stock options vest for Jeffrey Emery?
How many Perimeter Solutions (PRM) stock options does Jeffrey Emery hold after this transaction?
Is Jeffrey Emery’s Perimeter Solutions (PRM) stock option grant performance-based?
What fiscal year performance triggered Jeffrey Emery’s latest Perimeter Solutions (PRM) option vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.