Perimeter director options vest on 2025 targets
Perimeter Solutions, Inc. director Cool Tracy Britt reported the acquisition of stock options to buy common shares after 2025 performance goals were met.
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director Cool Tracy Britt reported the acquisition of stock options to buy common shares after 2025 performance goals were met. On February 26, 2026, multiple option tranches vested at a price of $0.00 per share.
The activity reflects performance-based vesting from prior grants: 6,194 options tied to a February 12, 2025 grant, three 7,000-option tranches from grants dated February 14, 2024, February 15, 2023 and January 28, 2022, and 1,750 options from a December 7, 2021 grant.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Perimeter Solutions (PRM) disclose in Tracy Britt Cool's latest Form 4?
How many Perimeter Solutions (PRM) options vested from the 2025 grant for Tracy Britt Cool?
Which prior Perimeter Solutions (PRM) grants vested for Tracy Britt Cool in 2025?
Are Tracy Britt Cool's Perimeter Solutions (PRM) option awards performance-based?
Did Tracy Britt Cool buy or sell Perimeter Solutions (PRM) common stock in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.