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Perimeter Solutions, Inc. — Director's Dealing 2022
Apr 1, 2022
31342_dirs_2022-04-01_3b5f4d88-b69b-4aba-8302-5ea8f59fd1cf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Perimeter Solutions, SA (PRM)
CIK: 0001880319
Period of Report: 2022-03-30
Reporting Person: Goldberg Edward D. (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-30 | Stock Option (right to buy) | $10.0 | A | 87500 | Acquired | 2031-11-08 | Ordinary Shares (87500.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 222957 | Direct |
Footnotes
F1: 1.On November 8, 2021, the reporting person was granted an option to purchase 3,087,500 ordinary shares of the Issuer. 87,500 of the ordinary shares underlying the option will be eligible to vest based on: (i) the achievement of certain performance criteria for the fiscal year ended December 31, 2021; and (ii) the reporting person remaining in continuous service through the first anniversary of the grant date. The remaining 3,000,000 of the ordinary shares underlying the option will be eligible to vest in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2022, 2023, 2024, 2025, and 2026. On March 30, 2022, the compensation committee certified that the Issuer had achieved the performance criteria for 2021. As a result, the 87,500 ordinary shares underlying the option are now eligible to vest based solely on the the satisfaction of the continuous service requirement.