David Jeffrey Katz - 03 Jan 2023 Form 4 Insider Report for RadNet, Inc. (RDNT)

Role
EVP and Chief Legal Officer
Signature
/s/ Jose Gamez, Attorney-in-Fact
Issuer symbol
RDNT
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
05 Jan 2023, 18:31:05 UTC
Previous filing
06 Jan 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

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 +15,423 $0.000000 15,423 03 Jan 2023 Common Stock 15,423 Direct F1, F2
transaction RDNT Employee Stock Option (right to buy) Award $0 +29,891 $0.000000 29,891 03 Jan 2023 Common Stock 29,891 $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) March 10, 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.

Remarks:

Exhibit 24.1 - Power of Attorney