Form 4: Lemaitre Vascular Director Jasinski Acquires Shares Through Performance Share Unit Settlement

Director Lawrence J. Jasinski acquired shares of Lemaitre Vascular through the settlement of a Performance Share Unit (PSU) award and dividend equivalent rights.

Summary

• On February 29, 2024, Lawrence J. Jasinski, a director of Lemaitre Vascular, Inc. (LMAT), acquired 593 shares of common stock upon the settlement of a Performance Share Unit (PSU) award granted on December 12, 2022.
• The PSU award vests in installments, with the initial 1/3 vesting upon determination by the Compensation Committee and the remainder vesting in equal annual installments over the next two years from the grant date.
• Jasinski also acquired 1 share upon the release of dividend equivalent rights.
• Following these transactions, Jasinski directly owns 10,419 shares of Lemaitre Vascular common stock.
• The dividend equivalent rights were released in connection with the vesting of the PSU award granted on December 12, 2022.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director's ownership.

Key Dates