Norman R. Hames - Jan 3, 2023 Form 4 Insider Report for RadNet, Inc. (RDNT)

Role
Pres and COO-West Operations
Signature
/s/ Jose Gamez, Attorney-in-Fact
Stock symbol
RDNT
Transactions as of
Jan 3, 2023
Transactions value $
$0
Form type
4
Date filed
1/5/2023, 06:26 PM
Previous filing
Dec 20, 2022
Next filing
Mar 2, 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 +17.4K $0.00 17.4K Jan 3, 2023 Common Stock 17.4K Direct F1, F2
transaction RDNT Employee Stock Option (right to buy) Award $0 +33.8K $0.00 33.8K Jan 3, 2023 Common Stock 33.8K $18.64 Direct F3
* 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 Subject to the reporting person's continued service, the RSU will vest in two equal annual installments with one-half vesting on March 10, 2023 and one-half vesting on March 10, 2024, or the first business day thereafter if such date falls on a weekend or holiday, respectively. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, (ii) the reporting person's death or disability, (iii) a change in control of RadNet, or (iv) January 1, 2025 or within 30 days thereafter.
F3 Subject to the reporting person's continued service, the option will vest as to one-third of the shares on March 10, 2023, one-third of the shares on March 10, 2024, and one-third of the shares on March 10, 2025, or the first business day thereafter if such date falls on a weekend or holiday, respectively.