Mark Duff - 08 Jan 2025 Form 4 Insider Report for PERMA FIX ENVIRONMENTAL SERVICES INC (PESI)

Reporting relationship: President and CEO, Director
Issuer ticker: PESI
Reported as of: 08 Jan 2025
Net transaction value: +$3.06
SEC form: 4
Accepted by SEC: 10 Jan 2025, 09:00:31 UTC
Prior SEC filing: 05 Sep 2024
Next SEC filing: 19 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Mark Duff

Key filing fact

Mark Duff filed Form 4 for PERMA FIX ENVIRONMENTAL SERVICES INC (PESI) on 10 Jan 2025.

Key facts

This page summarizes Mark Duff's Form 4 filing for PERMA FIX ENVIRONMENTAL SERVICES INC (PESI).
3 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 10 Jan 2025, 09:00.

Change

Previous filing in this sequence was filed on 05 Sep 2024.
Current net transaction value: +$3.06.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PESI transaction

Common Stock

Options Exercise

Transaction value: $78,750
Shares: +25,000
Change %: +22%
Price: $3.15
Shares after: 138,052
Date: 08 Jan 2025
Ownership: Direct
Footnotes: F1

PESI transaction

Common Stock

Tax liability

Transaction value: $78,747
Shares: -7,443
Change %: -5.4%
Price: $10.58
Shares after: 130,609
Date: 08 Jan 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PESI transaction Derivative

Stock Option

Options Exercise

Transaction value: $0
Shares: -25,000
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 08 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $3.15
Footnotes: F1

PESI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 08 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,000
Exercise price: $7.00
Footnotes: F2

PESI holding Derivative

Stock Option

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 70,000
Date: 08 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 70,000
Exercise price: $3.95
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

On January 8, 2025, the Reporting Person exercised the incentive stock option granted 01/17/2019 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 25,000 shares of the Company's Common Stock at an exercise price of $3.15 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $78,750. Since the fair market value of the Company's Common Stock on January 8, 2025, (as determined in accordance with the 2017 Plan) was $10.58 per share, the Company withheld 7,443 shares of Common Stock ($78,750 divided by $10.58) to pay the aggregate exercise price of the option.

Footnote F2

Incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.

Footnote F3

Incentive stock option granted 01/19/2023 under the Company's 2017 Stock Option Plan. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.