Keith J. Sullivan - 24 Feb 2025 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
24 Feb 2025
Transactions value $
$0
Form type
4
Filing time
26 Feb 2025, 17:49:57 UTC
Previous filing
20 Feb 2025
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STIM Common Stock Award $0 +375,000 +30.41% $0 1,607,988 24 Feb 2025 Direct F1, 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 STIM Performance Restricted Stock Unit Award $0 +187,500 $0 187,500 24 Feb 2025 Common Stock 187,500 $0 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") award that vests in three equal annual installments beginning on February 24, 2026, in each case subject to continuous service of the Reporting Person through such date.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 Each performance restricted stock unit ("PRSU") represents a contingent right to recieve one share of the Issuer's common stock.
F4 Represents a PRSU award granted on February 24, 2025 and vesting in 1/3 tranches on December 31, 2027, 2026 and 2027, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The Reporting Person receives a percentage of each vesting if the Issuer's year-end cash balance is between 80% and 110% of the target for each fiscal year ending December 31, 2025, 2026 and 2027.