4//SEC Filing
STOLPER MARK 4
Accession 0001683168-23-001258
CIK 0000790526other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:22 PM ET
Size
10.1 KB
Accession
0001683168-23-001258
Insider Transaction Report
Form 4
RadNet, Inc.RDNT
STOLPER MARK
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2023-02-28+2,227→ 2,227 total→ Common Stock (2,227 underlying) - Award
Employee Stock Option (right to buy)
2023-02-28+4,854→ 4,854 totalExercise: $29.44Exp: 2032-01-03→ Common Stock (4,854 underlying)
Footnotes (6)
- [F1]Each restricted stock unit ("RSU") represents a contingent right, upon vesting of the RSU, to receive one share of RDNT common stock and/or the cash equivalent of such share.
- [F2]Amount reported is net of 214 restricted stock units transferred pursuant to a domestic relations order.
- [F3]On January 4, 2022, the reporting person was granted a target number of 4,882 RSUs, subject to a domestic relations order, that vest upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 50% of the target number of RSUs vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested RSUs will vest as to the time-based vesting requirements in two equal annual installments on January 4, 2024 and January 4, 2025, respectively.
- [F4]The performance vesting conditions for the RSUs and the stock option were the same. 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 the Issuer, or (iv) in annual installment payments over five years beginning on January 10, 2028.
- [F5]Amount reported is net of 465 option shares transferred pursuant to a domestic relations order.
- [F6]On January 4, 2022, the reporting person was granted a stock option to purchase 21,275 shares of Issuer common stock, subject to a domestic relations order. The option vests upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 25% of the shares subject to the option vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested option shares will vest as to the time-based vesting requirements in three equal annual installments on January 4, 2024, January 4, 2025, and January 4, 2026, respectively. The performance vesting conditions for the RSUs and the stock option were the same.
Documents
Issuer
RadNet, Inc.
CIK 0000790526
Entity typeother
Related Parties
1- filerCIK 0001281961
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 6:22 PM ET
- Size
- 10.1 KB