John Glenn - Jun 20, 2023 Form 4 Insider Report for IRADIMED CORP (IRMD)

Signature
/s/ John Glenn
Stock symbol
IRMD
Transactions as of
Jun 20, 2023
Transactions value $
-$67,607
Form type
4
Date filed
6/22/2023, 04:30 PM
Previous filing
Dec 16, 2022
Next filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRMD Common Stock Options Exercise +5.8K +231.8% 8.3K Jun 20, 2023 Direct F1
transaction IRMD Common Stock Tax liability -$67.6K -1.41K -17.02% $47.88 6.88K Jun 20, 2023 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 -5.8K -25% $0.00 17.4K Jun 20, 2023 Common Stock 5.8K 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 June 20, 2022, 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 June 20, 2023. 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.