Edward D. Goldberg - Feb 20, 2025 Form 4 Insider Report for Perimeter Solutions, Inc. (PRM)

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, 04:41 PM
Previous filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRM Common Stock 223K 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 +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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.