BERGER HOWARD G 4
4 · RadNet, Inc. · Filed Jan 5, 2023
Insider Transaction Report
Form 4
RadNet, Inc.RDNT
BERGER HOWARD G
DirectorPresident10% Owner
Transactions
- Award
Restricted Stock Units
2023-01-03+53,648→ 53,648 total→ Common Stock (53,648 underlying) - Award
Employee Stock Option (right to buy)
2023-01-03+103,969→ 103,969 totalExercise: $18.64Exp: 2033-01-02→ Common Stock (103,969 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.
- [F2]Subject to the reporting person's continued service, the RSU will vest in two equal annual installments with one-half vesting on March 10, 2023 and one-half vesting on March 10, 2024, or the first business day thereafter if such date falls on a weekend or holiday, respectively. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, (ii) the reporting person's death or disability, (iii) a change in control of RadNet, or (iv) March 5, 2025 or within 30 days thereafter.
- [F3]Subject to the reporting person's continued service, the option will vest as to one-third of the shares on March 10, 2023, one-third of the shares on March 10, 2024, and one-third of the shares on March 10, 2025, or the first business day thereafter if such date falls on a weekend or holiday, respectively.