Keith J. Sullivan - 10 Dec 2024 Form 4 Insider Report for Neuronetics, Inc. (STIM)

Role: President and CEO, Director
Signature: /s/ Patrick Devine, as Attorney-in-Fact
Issuer symbol: STIM
Transactions as of: 10 Dec 2024
Transactions value $: $0
Form type: 4
Filing time: 12 Dec 2024, 17:00:15 UTC
Previous filing: 05 Nov 2024
Next filing: 12 Feb 2025
SEC: View on sec.gov

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	STIM	Performance Restricted Stock Unit	Award	$0	+450,000		$0	450,000	10 Dec 2024	Common Stock	450,000	$0	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	Represents a PRSU award granted on December 10, 2024 and vesting on December 31, 2025, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended June 30, 2025; (ii) 50% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended September 30, 2025 and (iii) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended December 31, 2025.

Content

Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's common stock.

Represents a PRSU award granted on December 10, 2024 and vesting on December 31, 2025, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended June 30, 2025; (ii) 50% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended September 30, 2025 and (iii) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended December 31, 2025.