Christopher K. Scott - Jul 8, 2021 Form 4 Insider Report for IRADIMED CORP (IRMD)

Signature
/s/ Christopher K. Scott
Stock symbol
IRMD
Transactions as of
Jul 8, 2021
Transactions value $
$149,978
Form type
4
Date filed
7/12/2021, 07:22 PM
Next filing
Nov 17, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IRMD Restricted Stock Units Award $150K +5.08K $29.50 5.08K Jul 8, 2021 Common Stock 5.08K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Iradimed Corporation's common stock.
F2 The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in over four years in annual installments, each equal to 25% of the RSU Grant, with the first installment vesting twelve (12) months from the effective date, July 8, 2021, and the second, third and fourth installments vesting respectively 24, 36 and 48 months from the effective date, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.