Haitham Khouri - Feb 20, 2025 Form 4 Insider Report for Perimeter Solutions, Inc. (PRM)

Role
Chief Executive Officer, Director
Signature
/s/ Noriko Yokozuka, as Attorney-in-Fact
Stock symbol
PRM
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/21/2025, 04:40 PM
Previous filing
Nov 6, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRM Common Stock 1.23M Feb 20, 2025 Khouri Spousal Dynasty Trust 6/12/2024 F1
holding PRM Common Stock 250K Feb 20, 2025 Direct

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 Stock Option (right to buy) Award $0 +100K $0.00 100K Feb 20, 2025 Common Stock 100K $5.23 Direct F2
transaction PRM Stock Option (right to buy) Award $0 +800K $0.00 800K Feb 20, 2025 Common Stock 800K $8.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock are held in an irrevocable dynasty trust of which the reporting person and Joseph Cornell are trustees. The reporting person maintains sole voting and dispositive power with respect to such shares of common stock.
F2 On February 14, 2024, the reporting person was granted an option to purchase 500,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2024 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
F3 On March 8, 2023, the reporting person was granted an option to purchase 2,000,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2024 were met, resulting in the cumulative vesting of the option as to 800,000 shares of common stock.