Form 4 for RDNT RadNet, Inc.
Accepted 2024-03-04 00:00:00 ET · period of report 2024-03-01 · accession 0001683168-24-001292 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-04 | 2024-03-01 | RDNT | BERGER HOWARD G | Pres, CEO, Dir | A - Grant | $0.00 | +40.2K | 40.2K | New | $0 |
| D | 2024-03-04 | 2024-03-01 | RDNT | BERGER HOWARD G | Pres, CEO, Dir | A - Grant | $0.00 | +78.0K | 78.0K | New | $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 | 2024-03-01 | A | A | 40,236 | $0.00 | 40,236 | D | — | — | (F1) On January 3, 2023, the reporting person was granted a target number of 20,118 restricted stock units ("RSUs") subject to performance and time-based vesting. On March 1, 2024 the Compensation Committee determined that based on the Issuer's fiscal year 2023 performance, 200% of the target number of RSUs vested on performance-based vesting requirements. The RSU's will vest in two equal annual installments on March 10, 2025 and March 10, 2026, respectively, subject to continued service. Each RSU represents the contingent right to receive one share of RDNT common stock. Vested RSUs will be settled for RDNT shares 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) a future date(s) if so specified in the reporting person's deferral election. |
| 2 | Derivative | Employee Stock Option (right to buy) | 2024-03-01 | A | A | 77,976 | $0.00 | 77,976 | D | $18.64 · — to 2033-01-02 | 77,976 Common Stock | (F2) On January 3, 2023, the reporting person was granted a stock option to purchase up to 77,976 shares of Issuer common stock, subject to performance and time-based vesting. As a result of the Issuer's performance for fiscal year 2023, 100% 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 March 10, 2025, March 10, 2026, and March 10, 2027, respectively. |