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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.