Stephen M. Forthuber - 28 Feb 2023 Form 4 Insider Report for RadNet, Inc. (RDNT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2023, 17:14:47 UTC
Prior SEC filing
05 Jan 2023
Next SEC filing
17 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jose Gamez, Attorney-in-Fact

Key filing fact

Stephen M. Forthuber filed Form 4 for RadNet, Inc. (RDNT) on 02 Mar 2023.

Key facts

  • This page summarizes Stephen M. Forthuber's Form 4 filing for RadNet, Inc. (RDNT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Mar 2023, 17:14.

Change

  • Previous filing in this sequence was filed on 05 Jan 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.

RDNT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+2,760
Change %
Price
$0.000000
Shares after
2,760
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,760
Exercise price
Footnotes
F1, F2
RDNT transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value
$0
Shares
+6,013
Change %
Price
$0.000000
Shares after
6,013
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,013
Exercise price
$29.44
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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

Footnote F2

On January 4, 2022, the reporting person was granted a target number of 5,519 RSUs that vest upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 50% of the target number of RSUs vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested RSUs will vest as to the time-based vesting requirements in two equal annual installments on January 4, 2024 and January 4, 2025, respectively. The performance vesting conditions for the RSUs and the stock option were the same.

Footnote F3

On January 4, 2022, the reporting person was granted a stock option to purchase 24,050 shares of Issuer common stock. The option vests upon (i) the achievement of certain performance criteria by the Issuer for fiscal year 2022, and (ii) satisfaction of time-based vesting conditions requiring the reporting person's continued service. As a result of the Issuer's performance for fiscal year 2022, 25% of the shares subject to the option vested as to the performance-based vesting requirements and, subject to the reporting person's continued service, such performance vested option shares will vest as to the time-based vesting requirements in three equal annual installments on January 4, 2024, January 4, 2025, and January 4, 2026, respectively. The performance vesting conditions for the RSUs and the stock option were the same.

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