Ranjan Jayanathan - Jan 4, 2022 Form 4 Insider Report for RadNet, Inc. (RDNT)

Role: Chief Information Officer
Signature: /s/ Elizabeth H. Gonzalez, Attorney-in-Fact
Stock symbol: RDNT
Transactions as of: Jan 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/6/2022, 06:04 PM
Previous filing: Sep 24, 2021
Next filing: Jan 5, 2023

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	RDNT	Restricted Stock Units	Award	$0	+20K		$0.00	20K	Jan 4, 2022	Common Stock	20K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.
F2	The RSU vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in two equal annual installments on January 3, 2023 and January 3, 2024. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs in annual installments over three years commencing on the earlier of (i) the reporting person's separation from service, (ii) death or disability, (iii) a change in control of RadNet, or (iv) December 31, 2025. The vesting of RSUs may be accelerated under certain circumstances.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.

The RSU vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in two equal annual installments on January 3, 2023 and January 3, 2024. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs in annual installments over three years commencing on the earlier of (i) the reporting person's separation from service, (ii) death or disability, (iii) a change in control of RadNet, or (iv) December 31, 2025. The vesting of RSUs may be accelerated under certain circumstances.