Furlong Stephen 4
4 · Neuronetics, Inc. · Filed Dec 12, 2024
Insider Transaction Report
Form 4
Furlong Stephen
EVP, CFO and Treasurer
Transactions
- Award
Performance Restricted Stock Unit
2024-12-10+150,000→ 150,000 totalExercise: $0.00From: 2025-12-31Exp: 2025-12-31→ Common Stock (150,000 underlying)
Footnotes (2)
- [F1]Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Represents a PRSU award granted on December 10, 2024 and vesting on December 31, 2025, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended June 30, 2025; (ii) 50% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended September 30, 2025 and (iii) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended December 31, 2025.