Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | PRM | Common Stock | 223K | Feb 20, 2025 | Direct |
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 | +1.2M | $0.00 | 1.2M | Feb 20, 2025 | Common Stock | 1.2M | $10.00 | Direct | F1 | |
holding | PRM | Stock Option (right to buy) | 87.5K | Feb 20, 2025 | Common Stock | 87.5K | $10.00 | Direct | F2 |
Id | Content |
---|---|
F1 | On November 8, 2021, the reporting person was granted an option to purchase 3,000,000 shares of common stock. 300,000 shares of common stock underlying such option with discretionary vesting were forfeited for the 2023 performance period. 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 1,200,000 shares of common stock. |
F2 | On November 8, 2021, the reporting person was granted an option to purchase 87,500 shares of common stock. The option vests based on the Issuer's satisfaction of certain performance criteria for the fiscal year ended December 31, 2021. The performance criteria for 2021 were met, resulting in the vesting of the option as to 87,500 shares of common stock. |