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IRADIMED CORP — Director's Dealing 2020
Dec 10, 2020
32324_dirs_2020-12-09_7f2058b3-3599-4cac-a1dd-c36f893c99e1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: IRADIMED CORP (IRMD)
CIK: 0001325618
Period of Report: 2020-12-07
Reporting Person: Scott Christopher K. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-12-07 | Common Stock | M | 1575 | — | Acquired | 24840 | Direct |
| 2019-12-07 | Common Stock | F | 384 | $24.54 | Disposed | 24456 | Direct |
| 2020-12-07 | Common Stock | M | 2731 | — | Acquired | 27187 | Direct |
| 2019-12-07 | Common Stock | F | 665 | $24.54 | Disposed | 26522 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-07 | Restricted Stock Units | $ | A | 5094 | Acquired | Common Stock (5094) | Direct | |
| 2020-12-07 | Performance-Based Restricted Stock Units | $ | A | 5093 | Acquired | Common Stock (5093) | Direct | |
| 2020-12-07 | Restricted Stock Units | $ | M | 1575 | Disposed | Common Stock (1575) | Direct | |
| 2020-12-07 | Restricted Stock Units | $ | M | 2731 | Disposed | Common Stock (2731) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Each restricted stock unit represents a contingent right to receive one share of Iradimed Corporation's common stock.
F3: The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in full on the third anniversary of the grant date, December 7, 2023. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F4: The reporting person received performance-based restricted stock units ("PRSUs") under Iradimed Corporation's 2014 Equity Incentive Plan. Vesting of these PRSUs depends on the reporting person's achievement of a specified relative ranking of total stockholder return over a three-year period from December 8, 2020 through December 7, 2023. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of PRSUs that have vested.
F5: On December 7, 2018, The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on December 7, 2019. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
F6: On December 7, 2019, The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on December 7, 2020. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.