Mark Stolper - Mar 1, 2024 Form 4 Insider Report for RadNet, Inc. (RDNT)

Role
EVP, Chief Financial Officer
Signature
/s/ Jose Gamez, Attorney-in-Fact
Stock symbol
RDNT
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 09:25 PM
Previous filing
Jan 10, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDNT Common Stock Award $0 +14.1K +15.41% $0.00 105K Mar 1, 2024 Direct F1, F2

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 Employee Stock Option (right to buy) Award $0 +27.3K $0.00 27.3K Mar 1, 2024 Common Stock 27.3K $18.64 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 3, 2023, the reporting person was granted a target number of 7,711 restricted stock units ("RSUs"), subject to a domestic relations order and subject to performance and time-based vesting. On March 1, 2024 the Compensation Committee determined that based on the Issuer's fiscal year 2023 performance, 200% of the target number of RSUs vested on performance-based vesting requirements. The RSU's will vest in two equal annual installments on March 10, 2025 and March 10, 2026, respectively, subject to continued service. Each RSU represents the contingent right to receive one share of RDNT common stock. Vested RSUs will be settled for RDNT shares 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 the Issuer, or (iv) a future date(s) if so specified in the reporting person's deferral election.
F2 Amount reported is net of 1,350 restricted stock units transferred pursuant to a domestic relations order.
F3 On January 3, 2023, the reporting person was granted a stock option to purchase up to 29,891 shares of Issuer common stock, subject to performance and time-based vesting. As a result of the Issuer's performance for fiscal year 2023, 100% 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 March 10, 2025, March 10, 2026, and March 10, 2027, respectively.
F4 Amount reported is net of 2,615 option shares transferred pursuant to a domestic relations order.