Perimeter Solutions (NYSE: PRM) director options vest on 2025 goals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perimeter Solutions, Inc. director Jorge L. Valladares III reported acquiring vested stock options linked to 2025 performance goals. On April 21, 2025 and February 12, 2025, he had received separate options to buy 35,000 common shares each. Because the company only partially met its 2025 performance criteria, each grant vested as to 6,194 stock options. These are derivative securities with a reported exercise price of $0.0000 per share in this filing, reflecting non-cash, performance-based equity compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Valladares III Jorge L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 6,194 | $0.00 | -- |
| Grant/Award | Stock Option (right to buy) | 6,194 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 6,194 shares (Direct)
Footnotes (1)
- On April 21, 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. 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.
FAQ
What insider transaction did Perimeter Solutions (PRM) disclose for Jorge L. Valladares III?
Perimeter Solutions reported that director Jorge L. Valladares III acquired vested stock options tied to 2025 performance goals. Two separate option grants each had 6,194 options vest after the company partially met its fiscal year 2025 performance criteria.
How many Perimeter Solutions (PRM) stock options vested for the director in 2025?
Each of two separate Perimeter Solutions stock option grants vested as to 6,194 options. The vesting occurred because 2025 performance criteria were partially satisfied, converting portions of the director’s performance-based option awards into vested, exercisable derivative securities.
What were the original Perimeter Solutions (PRM) option grants mentioned in this Form 4?
The filing states the director was granted an option to purchase 35,000 Perimeter Solutions common shares on April 21, 2025 and another option to purchase 35,000 shares on February 12, 2025. Both vest in five equal annual installments based on performance criteria.
How are Perimeter Solutions (PRM) director options structured for vesting?
Each 35,000-share option grant vests in five equal annual installments, subject to the issuer’s satisfaction of specific performance criteria for fiscal years ending December 31, 2025 through 2029. Partial satisfaction of 2025 criteria caused 6,194 options from each grant to vest.
Did the Perimeter Solutions (PRM) director buy or sell common stock in the market?
The disclosure describes performance-based stock options vesting, not open-market trades of common stock. The reported transactions involve derivative securities (stock options) acquired through vesting, with a stated price of $0.0000 per option in this Form 4.
What triggered the vesting of Perimeter Solutions (PRM) director stock options for 2025?
The vesting was triggered when Perimeter Solutions partially met specified performance criteria for the fiscal year ending December 31, 2025. This partial achievement caused 6,194 options from each of the director’s 35,000-share grants to become vested.