Haitham Khouri - 20 Feb 2025 Form 4 Insider Report for Perimeter Solutions, Inc. (PRM)

Role
Chief Executive Officer, Director
Signature
/s/ Noriko Yokozuka, as Attorney-in-Fact
Issuer symbol
PRM
Transactions as of
20 Feb 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 16:40:19 UTC
Previous filing
06 Nov 2024
Next filing
24 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PRM Common Stock 1,225,385 20 Feb 2025 Khouri Spousal Dynasty Trust 6/12/2024 F1
holding PRM Common Stock 249,833 20 Feb 2025 Direct

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 PRM Stock Option (right to buy) Award $0 +100,000 $0.000000 100,000 20 Feb 2025 Common Stock 100,000 $5.23 Direct F2
transaction PRM Stock Option (right to buy) Award $0 +800,000 $0.000000 800,000 20 Feb 2025 Common Stock 800,000 $8.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock are held in an irrevocable dynasty trust of which the reporting person and Joseph Cornell are trustees. The reporting person maintains sole voting and dispositive power with respect to such shares of common stock.
F2 On February 14, 2024, the reporting person was granted an option to purchase 500,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2024 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
F3 On March 8, 2023, the reporting person was granted an option to purchase 2,000,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2024 were met, resulting in the cumulative vesting of the option as to 800,000 shares of common stock.