Form 4: Lemaitre Vascular Director Bridget A. Ross Reports Acquisition of Dividend Equivalent Rights
SEC Form 4 Filing
Director Bridget A. Ross reported the acquisition of dividend equivalent rights related to restricted stock units and performance share units.
Summary
- On March 27, 2025, Bridget A. Ross, a director of Lemaitre Vascular Inc. (LMAT), reported the acquisition of dividend equivalent rights.
- These rights are associated with restricted stock unit (RSU) and performance share unit (PSU) awards previously granted to Ross.
- The dividend equivalent rights vest proportionately with the underlying RSU and PSU awards.
- Each dividend equivalent right represents the economic equivalent of one share of Lemaitre Vascular's common stock.
- The acquired dividend equivalent rights are reported as being held directly.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and alignment of director interests with shareholders through equity-based awards.
Industry Context
This filing is a routine disclosure related to director compensation and equity awards, common in the healthcare and medical device industry.
Stakeholder Impact
- The acquisition of dividend equivalent rights aligns the director's interests with those of shareholders, as the value of these rights is tied to the performance of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 12/12/2022 | Date of grant for restricted stock unit and performance share unit awards related to dividend equivalent rights. |
| 12/08/2023 | Date of grant for restricted stock unit and performance share unit awards related to dividend equivalent rights. |
| 12/06/2024 | Date of grant for restricted stock unit award related to dividend equivalent rights. |
| 03/27/2025 | Date of transaction: Acquisition of dividend equivalent rights. |
| 03/31/2025 | Date of Form 4 signature. |
Keywords
Form 4, Dividend Equivalent Rights, Lemaitre Vascular, Director, Ross, LMAT, RSU, PSU
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