David B. Roberts - Feb 28, 2025 Form 4 Insider Report for LEMAITRE VASCULAR INC (LMAT)

Signature
/s/ Nathan Ulrich
Stock symbol
LMAT
Transactions as of
Feb 28, 2025
Transactions value $
-$18,646
Form type
4
Date filed
3/4/2025, 07:04 PM
Previous filing
Feb 20, 2025
Next filing
Mar 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMAT Common Stock Award $0 +685 +4.67% $0.00 15.4K Feb 28, 2025 Direct F1, F2
transaction LMAT Common Stock Options Exercise $0 +5 +0.03% $0.00 15.4K Feb 28, 2025 Direct F3
transaction LMAT Common Stock Tax liability -$18.6K -203 -1.32% $91.85 15.2K Feb 28, 2025 Direct F4

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 LMAT Dividend Equivalent Rights Options Exercise $0 -5 -27.92% $0.00 12.9 Feb 28, 2025 Common Stock 5 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent LMAT common stock acquired on February 28, 2025, upon settlement of a Performance Share Unit (PSU) award granted on December 8, 2023. The PSU award vests as follows: 25% upon determination by the Compensation Committee and the balance vests in equal annual installments from the grant date over the next three years.
F2 Each PSU represents a contingent right to receive one share of common stock upon vesting based on the attainment of performance goals.
F3 Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
F4 These shares represent shares withheld by the issuer to satisfy tax withholding obligations incurred upon the vesting of performance stock units awarded to the reporting person on December 8, 2023. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
F5 These dividend equivalent rights were released in connection with the vesting of a performance share unit (PSU) award granted on December 8, 2023. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.