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PERMA FIX ENVIRONMENTAL SERVICES INC — Director's Dealing 2025
Jan 10, 2025
33754_dirs_2025-01-10_767c4dc4-51ac-43b0-9eea-d33a25827d55.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PERMA FIX ENVIRONMENTAL SERVICES INC (PESI)
CIK: 0000891532
Period of Report: 2025-01-08
Reporting Person: Duff Mark (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-08 | Common Stock | M | 25000 | $3.1500 | Acquired | 138052 | Direct |
| 2025-01-08 | Common Stock | F | 7443 | $10.5800 | Disposed | 130609 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-08 | Stock Option | $3.1500 | M | 25000 | Disposed | 2025-01-17 | Common Stock (25000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option | $7.0050 | 2027-10-14 | Common Stock (50000) | 50000 | Direct |
| Stock Option | $3.9500 | 2029-01-19 | Common Stock (70000) | 70000 | Direct |
Footnotes
F1: On January 8, 2025, the Reporting Person exercised the incentive stock option granted 01/17/2019 under the Company's 2017 Stock Option Plan (the "2017 Plan") for the purchase of 25,000 shares of the Company's Common Stock at an exercise price of $3.15 per share (the "Option shares"). As permitted by the 2017 Plan, the Reporting Person elected to pay the exercise price of the Option Shares by having the Company withhold from the Option Shares a number of shares having a fair market value equal to the aggregate exercise price of $78,750. Since the fair market value of the Company's Common Stock on January 8, 2025, (as determined in accordance with the 2017 Plan) was $10.58 per share, the Company withheld 7,443 shares of Common Stock ($78,750 divided by $10.58) to pay the aggregate exercise price of the option.
F2: Incentive stock option granted 10/14/2021 under the Company's 2017 Stock Option Plan. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.
F3: Incentive stock option granted 01/19/2023 under the Company's 2017 Stock Option Plan. The option is for a 6 year period and vests over a 5 year period, at 1/5 increment per year.