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Neuronetics, Inc. — Director's Dealing 2021
Feb 5, 2021
33660_dirs_2021-02-05_6b940435-523e-40c1-a84a-7d289dadad83.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Neuronetics, Inc. (STIM)
CIK: 0001227636
Period of Report: 2020-07-14
Reporting Person: Sullivan Keith J (Director, President and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-03 | Performance Restricted Stock Unit | $ | A | 50000 | Acquired | Common Stock (50000) | Direct | |
| 2021-02-03 | Performance Restricted Stock Unit | $ | A | 50000 | Acquired | Common Stock (50000) | Direct | |
| 2020-07-14 | Performance Restricted Stock Unit | $ | A | 500000 | Acquired | Common Stock (500000) | Direct |
Footnotes
F1: Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's common stock. The PRSU rights vest upon the Issuer's comon stock achieving a volume weighted average price of $30 per share.
F2: Each PRSU represents a contingent right to receive one share of the Issuer's common stock. The PRSU rights vest upon the Issuer's common stock achieving a volume weighted average price of $35 per share.
F3: Effective as of July 14, 2020, Mr. Sullivan received 500,000 PRSUs, which vest ratably based on appreciation of the Issuer's common stock price to $10, $15, $20 and $25 per share, measured using a trailing 30-day volume weighted average price of a share of the Issuer's common stock. Mr. Sullivan has vested 250,000 PRSUs to date.