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Neuronetics, Inc. — Director's Dealing 2024
Dec 12, 2024
33660_dirs_2024-12-12_075340ca-873d-49d5-ab4e-446fd2f6caad.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: 2024-12-10
Reporting Person: Sullivan Keith J (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-10 | Performance Restricted Stock Unit | $0 | A | 450000 | Acquired | 2025-12-31 | Common Stock (450000) | Direct |
Footnotes
F1: Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Issuer's common stock.
F2: Represents a PRSU award granted on December 10, 2024 and vesting on December 31, 2025, subject to satisfaction of the applicable performance metrics and continuous service of the Reporting Person through such date. The performance metrics are as follows: (i) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven (as defined in the applicable PRSU grant notice) for the fiscal quarter ended June 30, 2025; (ii) 50% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended September 30, 2025 and (iii) 25% of the award will be attained if the Issuer achieves Cash Flow Breakeven for the fiscal quarter ended December 31, 2025.