4//SEC Filing
McDonnell Leslie L 4
Accession 0000898432-20-000577
CIK 0001325618other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 6:00 AM ET
Size
12.5 KB
Accession
0000898432-20-000577
Insider Transaction Report
Form 4
IRADIMED CORPIRMD
McDonnell Leslie L
DirectorChief Exec Officer & Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-05-28−2,867→ 4,417 total→ Common Stock (7,284 underlying) - Exercise/Conversion
Common Stock
2020-05-28+101,936→ 151,936 total - Tax Payment
Common Stock
2020-05-28$22.31/sh−30,603$682,753→ 121,333 total - Exercise/Conversion
Restricted Stock Units
2020-05-28−27,736→ 71,333 total→ Common Stock (94,652 underlying)
Holdings
- 121,333
Stock Option (Right to Buy)
Exercise: $21.13→ Common Stock (50,000 underlying)
Footnotes (6)
- [F1]As previously disclosed, the reporting person received restricted stock units under the Issuer's 2014 Equity Incentive Plan on August 19, 2019 and December 7, 2019, respectively. Pursuant to the reporting person's employment agreement with the Issuer (the "Employment Agreement"), upon her separation from the issuer without Cause (as defined in the Employment Agreement) on May 28, 2020 (the "Separation Date"), all of her unvested restricted stock units accelerated and vested on the Separation Date as follows: (i) 94,652 unvested restricted stock units accelerated and vested from the August 19, 2019 grant and (ii) 7,284 unvested restricted stock units accelerated and vested from the December 7, 2019 grant (collectively, the "RSUs").
- [F2]Shares surrendered to the Issuer for payment of tax liability incident to the accelerated vesting of a total of 101,936 restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- [F4]All of the unvested RSUs were accelerated on the Separation Date pursuant to the terms of the Employment Agreement.
- [F5]Pursuant to Employment Agreement, all stock options are fully vested as of the Separation Date.
- [F6]Pursuant to Employment Agreement, all stock options will expire on August 26, 2020.
Documents
Issuer
IRADIMED CORP
CIK 0001325618
Entity typeother
Related Parties
1- filerCIK 0001728715
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 6:00 AM ET
- Size
- 12.5 KB