Khouri Haitham 4
4 · Perimeter Solutions, Inc. · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Khouri Haitham
DirectorChief Executive Officer
Transactions
- Award
Stock Option (right to buy)
2025-02-20+100,000→ 100,000 totalExercise: $5.23From: 2025-02-20Exp: 2034-02-14→ Common Stock (100,000 underlying) - Award
Stock Option (right to buy)
2025-02-20+800,000→ 800,000 totalExercise: $8.26From: 2025-02-20Exp: 2033-03-08→ Common Stock (800,000 underlying)
Holdings
- 1,225,385(indirect: By Trust)
Common Stock
- 249,833
Common Stock
Footnotes (3)
- [F1]These shares of common stock are held in an irrevocable dynasty trust of which the reporting person and Joseph Cornell are trustees. The reporting person maintains sole voting and dispositive power with respect to such shares of common stock.
- [F2]On February 14, 2024, the reporting person was granted an option to purchase 500,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2024, 2025, 2026, 2027 and 2028. The performance criteria for 2024 were met, resulting in the vesting of the option as to 100,000 shares of common stock.
- [F3]On March 8, 2023, the reporting person was granted an option to purchase 2,000,000 shares of common stock. The option vests in five equal annual installments based on the Issuer's satisfaction of certain performance criteria for each of the fiscal years ending December 31, 2023, 2024, 2025, 2026 and 2027. The performance criteria for 2024 were met, resulting in the cumulative vesting of the option as to 800,000 shares of common stock.