Brian Schopfer - Oct 20, 2021 Form 3 Insider Report for Mirion Technologies, Inc. (MIR)

Role
Chief Financial Officer
Signature
/s/ Emmanuelle Lee, attorney-in-fact
Stock symbol
MIR
Transactions as of
Oct 20, 2021
Transactions value $
$0
Form type
3
Date filed
10/22/2021, 08:08 PM
Next filing
Jan 3, 2022

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
holding MIR Sponsor Units Oct 20, 2021 Common Stock 700K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sponsor Units represent membership interests in GS Sponsor II, LLC, a Delaware limited liability company ("Sponsor"), which are intended to be treated as profits interests for U.S. income tax purposes and derive value based on the appreciation in the value of shares of Class A Common Stock of the Issuer ("Common Stock") that are held by Sponsor.
F2 Sponsor Units are subject to both service- and performance-vesting conditions. Sponsor Units service-vest ratably on each of October 20, 2023 and October 20, 2024, subject to the Reporting Person's continued service with the Issuer through the applicable vesting date. Additionally, 25% and 75% of the Sponsor Units will performance-vest on the first trading day following October 20, 2021 for which the volume weighted average price of shares of Common Stock is $14 or $16, respectively, for at least 20 of 30 consecutive trading days, provided that such date, in each case, occurs on or before October 20, 2026. The Reporting Person is not entitled to distributions in respect of Sponsor Units until all applicable vesting conditions are satisfied.

Remarks:

Exhibit 24 POA.