Perimeter director logs 28,944 performance option vestings
Raj Vivek reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Raj Vivek reported acquisition or exercise transactions in this Form 4 filing.
Perimeter Solutions, Inc. director Raj Vivek reported the vesting of multiple performance-based stock options tied to the company’s 2025 fiscal year results. These awards, originally granted between 2021 and 2025, resulted in options on a total of 28,944 shares of common stock becoming exercisable.
The Form 4 shows one 2025 grant vesting as to 6,194 shares after performance criteria were partially met, plus four earlier grants vesting as to 7,000, 7,000, 7,000, and 1,750 shares each as 2025 performance targets were achieved. All options are held directly by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 6,194 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 7,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 7,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 7,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 1,750 | $0.00 | $0.00 |
Footnotes (5)
- F1. On February 12, 2025, the reporting person was granted an option to purchase 35,000 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, 2025, 2026, 2027, 2028 and 2029. The performance criteria for 2025 were partially met, resulting in the vesting of the option as to 6,194 shares of common stock.
- F2. On February 14, 2024, the reporting person was granted an option to purchase 35,000 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, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2025 were met, resulting in the vesting of the option as to 7,000 shares of common stock.
- F3. On February 15, 2023, the reporting person was granted an option to purchase 35,000 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, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2025 were met, resulting in the vesting of the option as to 7,000 shares of common stock.
- F4. On January 28, 2022, the reporting person was granted an option to purchase 35,000 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 7,000 shares of common stock.
- F5. On December 7, 2021, the reporting person was granted an option to purchase 8,750 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 1,750 shares of common stock.
FAQ
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What does the latest Form 4 for Perimeter Solutions (PRM) show for Raj Vivek?
What performance conditions triggered the option vesting reported by Raj Vivek at PRM?
Were the Perimeter Solutions (PRM) Form 4 transactions a stock purchase or sale by Raj Vivek?
Over which years were the stock options granted that vested for Raj Vivek at PRM?
How is ownership of the vested stock options reported for Raj Vivek in PRM’s Form 4?
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