Christopher K. Scott - 04 Dec 2021 Form 4 Insider Report for IRADIMED CORP (IRMD)

Signature
/s/ Christopher K. Scott
Issuer symbol
IRMD
Transactions as of
04 Dec 2021
Net transactions value
-$51,604
Form type
4
Filing time
08 Dec 2021, 15:18:28 UTC
Previous filing
24 Nov 2021
Next filing
09 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRMD Common Stock Options Exercise +2,952 +10% 31,547 04 Dec 2021 Direct F1
transaction IRMD Common Stock Tax liability $51,604 -1,162 -3.7% $44.41 30,385 04 Dec 2021 Direct

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 Options Exercise $0 -2,952 -100% $0.000000* 0 04 Dec 2021 Common Stock 2,952 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On December 4, 2017, the reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on December 4, 2018. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.