MARK S. ORDAN - 12 Jan 2025 Form 4 Insider Report for Pediatrix Medical Group, Inc. (MD)

Signature
/s/ Mary Ann E. Moore, Attorney-in-Fact
Issuer symbol
MD
Transactions as of
12 Jan 2025
Net transactions value
$0
Form type
4
Filing time
14 Jan 2025, 17:30:11 UTC
Previous filing
14 Nov 2024
Next filing
02 May 2025

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 MD Performance Share Unit Award $0 +640,000 $0.000000 640,000 12 Jan 2025 Common Stock 640,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock upon vesting. The PSUs vest upon the satisfaction of both a service-based condition and a performance-based condition. The PSUs will vest, to the extent earned, on the three-year anniversary of the grant date, with the shares underlying the PSUs being earned in one-third installments based on the Issuer achieving stock price hurdles equal to 125%, 150% and 175% of $13.55 for at least 20 consecutive trading days before the third anniversary of the grant date.