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

Role
Chief Financial Officer
Signature
/s/ Kyle Sable
Stock symbol
PRM
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/21/2025, 04:41 PM
Previous filing
Nov 21, 2023
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 PRM Stock Option (right to buy) Award $0 +50K $0.00 50K Feb 20, 2025 Common Stock 50K $13.24 Direct F1
transaction PRM Stock Option (right to buy) Award $0 +40K $0.00 40K Feb 20, 2025 Common Stock 40K $3.89 Direct F2
transaction PRM Stock Option (right to buy) Award $0 +300K $0.00 300K Feb 20, 2025 Common Stock 300K $8.36 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 27, 2024, the reporting person was granted an option to purchase 250,000 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 50,000 shares of common stock.
F2 On November 16, 2023, the reporting person was granted an option to purchase 100,000 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 40,000 shares of common stock.
F3 On May 6, 2022, 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, 2022, 2023, 2024, 2025 and 2026. The performance criteria for 2024 were met, resulting in the cumulative vesting of the option as to 300,000 shares of common stock.