Perimeter CFO vests performance-based stock options
Perimeter Solutions Chief Financial Officer Kyle Sable reported acquiring vested stock options on three prior equity awards after 2025 performance goals were met.
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Rhea-AI Filing Summary
Perimeter Solutions Chief Financial Officer Kyle Sable reported acquiring vested stock options on three prior equity awards after 2025 performance goals were met. Options originally granted in 2024, 2023, and 2022 vested for 50,000, 20,000, and 100,000 shares of common stock, respectively, all held as direct ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 50,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 20,000 | $0.00 | $0.00 |
| Grant/Award | Stock Option (right to buy) | 100,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. On September 27, 2024, the reporting person was granted an option to purchase 250,000 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 50,000 shares of common stock.
- F2. On November 16, 2023, the reporting person was granted an option to purchase 100,000 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 20,000 shares of common stock.
- F3. On May 6, 2022, 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, 2022, 2023, 2024, 2025 and 2026. The performance criteria for 2025 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
FAQ
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What does the latest Form 4 for Perimeter Solutions (PRM) show?
How many Perimeter Solutions (PRM) options vested for the CFO in this filing?
What performance conditions triggered vesting of PRM stock options for the CFO?
Are these PRM insider transactions open-market purchases or option vesting?
Who is the insider involved in this Perimeter Solutions (PRM) Form 4?
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