Mark Stolper - Jan 4, 2022 Form 4 Insider Report for RadNet, Inc. (RDNT)

Role
Executive VP and CFO
Signature
/s/ Elizabeth H. Gonzalez, Attorney-in-Fact
Stock symbol
RDNT
Transactions as of
Jan 4, 2022
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 06:06 PM
Previous filing
Sep 24, 2021
Next filing
Feb 11, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RDNT Restricted Stock Units Award $0 +13.4K $0.00 13.4K Jan 4, 2022 Common Stock 13.4K Direct F1, F2
transaction RDNT Restricted Stock Units Award $0 +4.88K $0.00 4.88K Jan 4, 2022 Common Stock 4.88K Direct F1, F3
transaction RDNT Employee stock option (right to buy) Award $0 +29.1K $0.00 29.1K Jan 4, 2022 Common Stock 29.1K $29.44 Direct F4
transaction RDNT Employee stock option (right to buy) Award $0 +10.6K $0.00 10.6K Jan 4, 2022 Common Stock 10.6K $29.44 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.
F2 The RSU vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in two equal annual installments on January 3, 2023 and January 3, 2024.
F3 The RSU will vest on January 3, 2023. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, (ii) death or disability, (iii) a change in control of RadNet, or (iv) in annual installments over five years, commencing on January 1, 2027. The vesting of RSUs may be accelerated under certain circumstances.
F4 The option vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in three equal annual installments on January 3, 2023, January 3, 2024, and January 3, 2025.