WindAcre Partnership Master Fund, LP - 27 Jun 2025 Form 4 Insider Report for Perimeter Solutions, Inc. (PRM)

Role: 10%+ Owner
Signature: The WindAcre Partnership Master Fund, LP, By: The WAP GP LLC, its General Partner, By: /s/ Snehal Amin, Managing Member
Issuer symbol: PRM
Transactions as of: 27 Jun 2025
Net transactions value: $0
Form type: 4
Filing time: 01 Jul 2025, 17:30:36 UTC
Previous filing: 03 Nov 2022
SEC: View on sec.gov

Reporting Owners (5)

Name	Relationship	Address	Signature	Signature date	CIK
WindAcre Partnership Master Fund, LP	10%+ Owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON	The WindAcre Partnership Master Fund, LP, By: The WAP GP LLC, its General Partner, By: /s/ Snehal Amin, Managing Member	01 Jul 2025	0001893715
WINDACRE PARTNERSHIP LLC	10%+ Owner	2200 POST OAK BOULEVARD, SUITE 1580, HOUSTON	The WindAcre Partnership LLC, By: /s/ Snehal Amin, Managing Member	01 Jul 2025	0001599383
WindAcre General Partner LP	10%+ Owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON	The WindAcre General Partner LP, By: The WAP GP LLC, its General Partner, By: /s/ Snehal Amin, Managing Member	01 Jul 2025	0001893721
WAPGP LLC	10%+ Owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON	The WAP GP LLC, By: /s/ Snehal Amin, Managing Member	01 Jul 2025	0001893648
Amin Snehal	10%+ Owner	2200 POST OAK BLVD., SUITE 1580, HOUSTON	/s/ Snehal Amin, Snehal Amin	01 Jul 2025	0001893660

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRM	Ordinary shares	Purchase	$3,559,308	+254,600	+1.2%	$13.98	21,854,600	27 Jun 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PRM	Total Return Swap	Sale	$3,559,308	-254,600	-100%	$13.98	0	27 Jun 2025	Ordinary shares	254,600		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The WindAcre Partnership Master Fund, LP (the "Master Fund") previously entered into certain cash-settled total return swap agreements (the "Swap Agreements"), which represent economic exposure to an aggregate of 254,600 notional shares of PRM ordinary shares. The Swap Agreements provided the Master Fund with economic results that are comparable to the economic results of ownership but did not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the securities that are referenced by the Swap Agreements (the "Subject Shares").
F2	The securities are owned directly by the Master Fund and may be deemed to be indirectly beneficially owned by (i) The WindAcre Partnership LLC, the investment adviser to the Master Fund, (ii) The WindAcre General Partner LP and The WAPGP LLC, the general partners of the Master Fund, and (iii) Snehal Amin, the managing member of The WindAcre Partnership LLC and The WAPGP LLC.

Content

The WindAcre Partnership Master Fund, LP (the "Master Fund") previously entered into certain cash-settled total return swap agreements (the "Swap Agreements"), which represent economic exposure to an aggregate of 254,600 notional shares of PRM ordinary shares. The Swap Agreements provided the Master Fund with economic results that are comparable to the economic results of ownership but did not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the securities that are referenced by the Swap Agreements (the "Subject Shares").

The securities are owned directly by the Master Fund and may be deemed to be indirectly beneficially owned by (i) The WindAcre Partnership LLC, the investment adviser to the Master Fund, (ii) The WindAcre General Partner LP and The WAPGP LLC, the general partners of the Master Fund, and (iii) Snehal Amin, the managing member of The WindAcre Partnership LLC and The WAPGP LLC.

Remarks:

Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4, including the Subject Shares, except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.