John Glenn - 07 Dec 2023 Form 4 Insider Report for IRADIMED CORP (IRMD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Dec 2023, 18:00:25 UTC
Prior SEC filing
22 Jun 2023
Next SEC filing
07 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Glenn

Key filing fact

John Glenn filed Form 4 for IRADIMED CORP (IRMD) on 11 Dec 2023.

Key facts

  • This page summarizes John Glenn's Form 4 filing for IRADIMED CORP (IRMD).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 11 Dec 2023, 18:00.

Change

  • Previous filing in this sequence was filed on 22 Jun 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

IRMD transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+7,180
Change %
+26%
Price
$0.000000
Shares after
35,072
Date
07 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,180
Exercise price
Footnotes
F1, F2
IRMD transaction Derivative

Performance-based Restricted Stock Units

Award

Transaction value
$0
Shares
+7,180
Change %
+68%
Price
$0.000000
Shares after
17,684
Date
07 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
7,180
Exercise price
Footnotes
F1, F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote F2

The reporting person received restricted stock units ("RSUs") under Iradimed Corporation's 2014 Equity Incentive Plan. The RSUs vest in full on the third anniversary of the grant date, December 7, 2026. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of RSUs that have vested.

Footnote F3

The reporting person received performance-based restricted stock units ("PRSUs") under Iradimed Corporation's 2014 Equity Incentive Plan. Vesting of these PRSUs depends on the reporting person's achievement of specified relative ranking of total shareholder return over a three-year period from December 8, 2023 through December 7, 2026.

Footnote F4

If the relative measure at December 7, 2026 and for the three-year period then ended is: (i) less than or equal to 80% of the peer group, no vesting would occur, (ii) between 80% and 100% of the peer group, the number of shares vesting would be pro-rata against the nominal granted shares, (iii) equal to 100% of the peer group, the number of shares vesting would be the nominal granted shares, (iv) between 100%and 120% of the peer group, the number of shares vesting would be pro-rata against an additional tranche of the nominal granted shares plus the nominal granted shares, and (v) if 120% or greater of the peer group, the number of shares vesting would be double the nominal granted shares.

Footnote F5

Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of PRSUs that have vested.

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