Matt Schuster - 28 Aug 2025 Form 3/A - Amendment Insider Report for Picard Medical, Inc. (PMI)

Signature
/s/ Emily Semon, as attorney-in-fact
Issuer symbol
PMI
Transactions as of
28 Aug 2025
Net transactions value
$0
Form type
3/A - Amendment
Filing time
28 Aug 2025, 20:57:11 UTC
Date Of Original Report
28 Aug 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Schuster Matt Chief Operating Officer 1992 E SILVERLAKE, TUCSON /s/ Emily Semon, as attorney-in-fact 28 Aug 2025 0002081706

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
holding PMI Employee Stock Option (right to buy) 28 Aug 2025 Common Stock 102,239 $0.7100 Direct F1, F2
holding PMI Employee Stock Option (right to buy) 28 Aug 2025 Common Stock 408,956 $0.7100 Direct F2, F3
holding PMI Employee Stock Option (right to buy) 28 Aug 2025 Common Stock 68,608 $0.7100 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 28, 2024, the reporting person was granted 102,239 options, with a vesting commencement date of May 29, 2023. One quarter of the options cliff vested upon the first anniversary of the vesting commencement date, and the remaining options have vested or will vest ratably in equal monthly installments over the 36 months following the first anniversary of the vesting commencement date, generally subject to the continued service of the reporting person through each applicable vesting date.
F2 As adjusted to reflect the Company's 1 for 2.2 forward stock split of the Company's common stock and the Company's 1.0221 for 1 reverse stock split of the Company's common stock, resulting in an overall forward stock split of 1 for 2.1524.
F3 On June 28, 2024, the reporting person was granted 408,956 options, with a vesting commencement date of November 27, 2023. One quarter of the options cliff vested upon the first anniversary of the vesting commencement date, and the remaining options have vested or will vest ratably in equal monthly installments over the 36 months following the first anniversary of the vesting commencement date, generally subject to the continued service of the reporting person through each applicable vesting date.
F4 On June 28, 2024, the reporting person was granted 68,608 options, with a vesting commencement date of May 29, 2023. One quarter of the options cliff vested upon the first anniversary of the vesting commencement date, and the remaining options have vested or will vest ratably in equal monthly installments over the 36 months following the first anniversary of the vesting commencement date, generally subject to the continued service of the reporting person through each applicable vesting date.

Remarks:

This Form 3/A is being filed to correct the conversion price to reflect the Company's 1 for 2.2 forward stock split of the Company's common stock and the Company's 1.0221 for 1 reverse stock split of the Company's common stock, resulting in an overall forward stock split of 1 for 2.1524.