Form 4: ATI Physical Therapy Director James E. Parisi Awarded Stock Options

Director James E. Parisi receives stock options in ATI Physical Therapy, Inc. with varying exercise prices and vesting schedules.

Summary

• James E. Parisi, a director at ATI Physical Therapy, Inc., was granted stock options on August 20, 2024.
• The options are for Class A Common Stock and have exercise prices of $10, $12.5, $25, and $50.
• A total of 31,274 options were granted.
• The options vest in three equal installments on April 1, 2025, April 1, 2026, and April 1, 2027, contingent upon continued service.
• The expiration date for all options is August 20, 2034.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The grant of stock options can be seen as a positive sign of aligning director interests with shareholder value.

Positives

• The granting of stock options to a director aligns their interests with those of the shareholders.
• The vesting schedule incentivizes continued service and commitment to the company's long-term success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the stock options.

Industry Context

Stock option grants are a common form of executive compensation in publicly traded companies, particularly in the healthcare sector, to incentivize performance and align management interests with shareholder value.

Comparison to Industry Standards

• Stock option grants are a standard component of compensation packages for directors and executives in publicly traded companies.
• The vesting schedule of three years is typical for such grants, aligning with industry norms for incentivizing long-term commitment.
• Comparable companies in the healthcare services sector, such as Option Care Health or US Physical Therapy, also utilize stock options as part of their executive compensation plans.

Stakeholder Impact

• Shareholders may view the stock option grant as a positive incentive for the director to contribute to the company's success.
• The director benefits from the potential increase in the value of the stock, aligning their interests with those of the shareholders.

Key Dates

Keywords

stock options, director, ATI Physical Therapy, ATIP, equity compensation, vesting, Class A Common Stock