Sullivan Keith J 4
4 · Neuronetics, Inc. · Filed Feb 26, 2025
Insider Transaction Report
Form 4
Sullivan Keith J
DirectorPresident and CEO
Transactions
- Award
Performance Restricted Stock Unit
2025-02-24+187,500→ 187,500 totalExercise: $0.00From: 2025-12-31Exp: 2028-07-01→ Common Stock (187,500 underlying) - Award
Common Stock
2025-02-24+375,000→ 1,607,988 total
Footnotes (4)
- [F1]Represents a restricted stock unit ("RSU") award that vests in three equal annual installments beginning on February 24, 2026, in each case subject to continuous service of the Reporting Person through such date.
- [F2]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F3]Each performance restricted stock unit ("PRSU") represents a contingent right to recieve one share of the Issuer's common stock.
- [F4]Represents a PRSU award granted on February 24, 2025 and vesting in 1/3 tranches on December 31, 2027, 2026 and 2027, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The Reporting Person receives a percentage of each vesting if the Issuer's year-end cash balance is between 80% and 110% of the target for each fiscal year ending December 31, 2025, 2026 and 2027.