Pellegrino Joseph P JR 4

What Happened

• Joseph P. Pellegrino Jr., a director of Lemaitre Vascular, exercised stock options on April 22, 2026. The exercise resulted in acquisition of 2,941 shares at an exercise price of $35.48 per share, a total cash cost of $104,347.
• The filing also reports the related derivative conversion at $0.00, which reflects the conversion/surrender of the option instrument into the underlying shares (see footnotes).

Key Details

• Transaction date: 2026-04-22; Form 4 filed: 2026-04-23 (timely).
• Transaction type/code: M (exercise/conversion of derivative).
• Shares acquired: 2,941 at $35.48 each; total cash paid $104,347.
• Derivative conversion reported: 2,941 shares @ $0.00 (represents the option conversion into shares) — Footnote F1.
• Footnote F2: the option was fully vested and exercisable at time of exercise.
• Shares owned after the transaction: not specified in the provided filing excerpts.

Context

• This was an exercise of vested options (not an open-market purchase or a sale). No immediate sale of the acquired shares is reported in the filing, so this appears to be an exercise for ownership rather than a cashless exercise/sale.
• Transaction code M denotes option exercise; the $0.00 line is a common way to report conversion of a derivative instrument into the underlying shares and does not indicate a sale.