Perimeter CEO reports performance option vesting
Perimeter Solutions, Inc. director and Chief Executive Officer Haitham Khouri reported the vesting of previously granted stock options tied to 2025 performance.
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director and Chief Executive Officer Haitham Khouri reported the vesting of previously granted stock options tied to 2025 performance. Three tranches of options to purchase common stock became vested awards: 88,489 shares from a February 12, 2025 grant for 500,000 shares where performance criteria were partially met, 100,000 shares from a February 14, 2024 grant for 500,000 shares where performance criteria were met, and 400,000 shares from a March 8, 2023 grant for 2,000,000 shares where performance criteria were met. These awards are shown as stock option acquisitions at a price per share of $0.0000, increasing his directly held option positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 88,489 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 400,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. On February 12, 2025, the reporting person was granted an option to purchase 500,000 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 88,489 shares of common stock.
- F2. On February 14, 2024, the reporting person was granted an option to purchase 500,000 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, 2026, 2026, 2027 and 2028. The performance criteria for 2025 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
- F3. On March 8, 2023, the reporting person was granted an option to purchase 2,000,000 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, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2025 were met, resulting in the vesting of the option as to 400,000 shares of common stock.
FAQ
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What did PRM CEO Haitham Khouri report in this Form 4 filing?
How many Perimeter Solutions stock options vested for the CEO based on 2025 performance?
What performance-based stock option grants does PRM’s CEO hold according to this Form 4?
How are the PRM CEO’s performance option grants structured over time?
What are the post-transaction stock option holdings reported for PRM’s CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.