BAUM MARK L 4
4 · HARROW, INC. · Filed Apr 7, 2025
Insider Transaction Report
Form 4
HARROW, INC.HROW
BAUM MARK L
DirectorChief Executive Officer10% Owner
Transactions
- Tax Payment
Common Stock
2025-04-07$23.09/sh−300,363$6,935,382→ 2,599,462 total - Exercise/Conversion
Performance Stock Unit
2025-04-03−762,300→ 0 total→ Common Stock (762,300 underlying) - Exercise/Conversion
Common Stock
2025-04-03+762,300→ 2,899,825 total
Footnotes (1)
- [F1]The 762,300 shares of Harrow, Inc. ("Harrow") common stock listed in Table I as "Acquired" represent shares upon vesting of performance stock units ("PSUs") granted to Mr. Baum under Harrow's 2017 Stock Incentive and Awards Plan (the "Incentive Plan") on April 3, 2023. The PSUs vested on April 3, 2025 and were settled in full in shares of Harrow common stock (on a one-for-one basis) on April 7, 2025, following attainment of (i) a two-year service period, and (ii) the achievement of Harrow common stock price targets ranging from $25 - $50. The 300,363 shares of Harrow common stock listed in Table I as "Disposed" were not sold by Mr. Baum in any market transaction; rather, they were shares of Harrow common stock withheld by the Company for payroll tax purposes from the same aforementioned 762,300 shares pursuant to the terms of the Incentive Plan.