Form 4 for PESI PERMA FIX ENVIRONMENTAL SERVICES INC
Accepted 2023-10-04 00:00:00 ET · period of report 2023-10-02 · accession 0001493152-23-035606 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-10-04 | 2023-10-02 | PESI | Grondin Richard | EVP of Waste Treatment Ops | F - Tax | $10.12 | -9,609 | 13.9K | -41% | -$97.2K |
| DM | 2023-10-04 | 2023-10-02 | PESI | Grondin Richard | EVP of Waste Treatment Ops | M - OptEx | $3.47 | +28.0K | 21.9K | New | +$97.2K |
| DM | 2023-10-04 | 2023-10-02 | PESI | Grondin Richard | EVP of Waste Treatment Ops | M - OptEx | $0.00 | -28.0K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-10-02 | F | D | 2,491 | $10.12 | 19,427 | D | — | — | (F2) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 01/17/2019 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 8,000 of the 10,000 shares of the Company's Common Stock at an exercise price of $3.15 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $25,200. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 2,491 shares of Common Stock ($25,200,000 divided by $10.115) to pay the aggregate exercise price of the option. |
| 2 | Common | Common Stock | 2023-10-02 | F | D | 7,118 | $10.12 | 13,918 | D | — | — | (F1) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 10/19/2017 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 20,000 shares of the Company's Common Stock at an exercise price of $3.60 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $72,000. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 7,118 shares of Common Stock ($72,000 divided by $10.115) to pay the aggregate exercise price of the option. |
| 3 | Common | Common Stock | 2023-10-02 | M | A | 20,000 | $3.60 | 21,036 | D | — | — | (F1) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 10/19/2017 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 20,000 shares of the Company's Common Stock at an exercise price of $3.60 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $72,000. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 7,118 shares of Common Stock ($72,000 divided by $10.115) to pay the aggregate exercise price of the option. |
| 4 | Common | Common Stock | 2023-10-02 | M | A | 8,000 | $3.15 | 21,918 | D | — | — | (F2) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 01/17/2019 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 8,000 of the 10,000 shares of the Company's Common Stock at an exercise price of $3.15 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $25,200. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 2,491 shares of Common Stock ($25,200,000 divided by $10.115) to pay the aggregate exercise price of the option. |
| 5 | Derivative | Stock Option | 2023-10-02 | M | D | 8,000 | $0.00 | 2,000 | D | $3.15 · — to 2025-01-17 | 8,000 Common Stock | (F2) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 01/17/2019 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 8,000 of the 10,000 shares of the Company's Common Stock at an exercise price of $3.15 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $25,200. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 2,491 shares of Common Stock ($25,200,000 divided by $10.115) to pay the aggregate exercise price of the option. (F4) Incentive Stock Option granted 01/17/2019 under the Company's 2017 Stock Option Plan. The Option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year. |
| 6 | Derivative | Stock Option | 2023-10-02 | M | D | 20,000 | $0.00 | 0 | D | $3.60 · — to 2023-10-19 | 20,000 Common Stock | (F1) On October 2, 2023, the Reporting Person exercised the incentive stock option granted 10/19/2017 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 20,000 shares of the Company's Common Stock at an exercise price of $3.60 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $72,000. Since the fair market value of the Company's Common Stock on October 2, 2023 (as determined in accordance with the 2017 Plan) was $10.115 per share, the Company withheld 7,118 shares of Common Stock ($72,000 divided by $10.115) to pay the aggregate exercise price of the option. (F3) Incentive stock option granted 10/19/2017 under the Company's 2017 Stock Option Plan. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year. |