0000898432-21-000770.txt : 20211209
0000898432-21-000770.hdr.sgml : 20211209
20211209213716
ACCESSION NUMBER: 0000898432-21-000770
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211207
FILED AS OF DATE: 20211209
DATE AS OF CHANGE: 20211209
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Scott Christopher K.
CENTRAL INDEX KEY: 0001613803
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36534
FILM NUMBER: 211483496
MAIL ADDRESS:
STREET 1: C/O IRADIMED CORPORATION
STREET 2: 1025 WILLA SPRINGS DR.
CITY: WINTER SPRINGS
STATE: FL
ZIP: 32708
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: IRADIMED CORP
CENTRAL INDEX KEY: 0001325618
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
IRS NUMBER: 731408526
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1025 WILLA SPRINGS DR.
CITY: WINTER SPRINGS
STATE: FL
ZIP: 32708
BUSINESS PHONE: 4076778022
MAIL ADDRESS:
STREET 1: 1025 WILLA SPRINGS DR.
CITY: WINTER SPRINGS
STATE: FL
ZIP: 32708
4
1
form4.xml
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2021-12-07
0001325618
IRADIMED CORP
IRMD
0001613803
Scott Christopher K.
C/O IRADIMED CORPORATION
1025 WILLA SPRINGS DR.
WINTER SPRINGS
FL
32708
true
CFO & Secretary
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Restricted stock units convert into common stock on a one-for-one basis.
Each restricted stock unit represents a contingent right to receive one share of Iradimed Corporation's common stock.
The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in full on the third anniversary of the grant date, December 7, 2024. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
The reporting person received performance-based restricted stock units ("PRSUs") under Iradimed Corporation's 2014 Equity Incentive Plan. Vesting of these PRSUs depends on the reporting person's achievement of a specified relative ranking of total stockholder return over a three-year period from December 8, 2021 through December 7, 2024.
If the relative measure at December 7, 2024 and for the three-year period then ended is: (i) less than or equal to 80% of the peer group, no vesting would occur, (ii) between 80% and 100% of the peer group, the number of shares vesting would be pro-rata against the nominal granted shares, (iii) equal to 100% of the peer group, the number of shares vesting would be the nominal granted shares, (iv) between 100% and 120% of the peer group, the number of shares vesting would be pro-rata against an additional tranche of nominal granted shares plus the nominal granted shares, and (v) if 120% or greater of the peer group, the number of shares vesting will be double the nominal granted shares.
Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of PRSUs that have vested.
On December 7, 2019, The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on December 7, 2020. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
On December 7, 2020, The reporting person received restricted stock units under Iradimed Corporation's 2014 Equity Incentive Plan. The restricted stock units vest in four equal annual installments beginning on December 7, 2021. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
/s/ Christopher K. Scott
2021-12-09