LeMaitre George W. - 28 Feb 2025 Form 4 Insider Report for LEMAITRE VASCULAR INC (LMAT)

Role
Chairman and CEO, Director
Signature
/s/ Nathan Ulrich
Issuer symbol
LMAT
Transactions as of
28 Feb 2025
Net transactions value
-$41,057
Form type
4
Filing time
04 Mar 2025, 18:53:49 UTC
Previous filing
26 Dec 2024
Next filing
31 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMAT Common Stock Award $0 +1,510 +0.08% $0.000000 1,892,820 28 Feb 2025 Direct F1
transaction LMAT Common Stock Options Exercise $0 +11 +0% $0.000000 1,892,831 28 Feb 2025 Direct F2
transaction LMAT Common Stock Tax liability $41,057 -447 -0.02% $91.85 1,892,384 28 Feb 2025 Direct F3

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 LMAT Dividend Equivalent Rights Options Exercise $0 -11 -28% $0.000000 28 28 Feb 2025 Common Stock 11 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent LMAT common stock acquired on February 28, 2025, upon settlement of a Performance Share Unit (PSU) award granted on December 8, 2023. The PSU award vests as follows: 25% upon determination by the Compensation Committee and the balance vests in equal annual installments from the grant date over the next three years.
F2 Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
F3 These shares represent shares withheld by the issuer to satisfy tax withholding obligations incurred upon the vesting of performance stock units awarded to the reporting person on December 8, 2023. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
F4 These dividend equivalent rights were released in connection with the vesting of a performance share unit (PSU) award granted on December 8, 2023. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.