Form 4: Perimeter Solutions General Counsel Noriko Yokozuka Reports Stock Option Vesting

Noriko Yokozuka, General Counsel of Perimeter Solutions, reports the vesting of stock options and continued beneficial ownership of common stock.

Summary

• On February 21, 2025, Noriko Yokozuka, General Counsel of Perimeter Solutions, filed a Form 4.
• The report details changes in her beneficial ownership of Perimeter Solutions' securities.
• Yokozuka was granted an option to purchase 600,000 shares of common stock on November 8, 2021, vesting in five equal annual installments based on performance criteria.
• The performance criteria for 2024 were met, resulting in the cumulative vesting of the option as to 360,000 shares of common stock.
• Yokozuka also holds an option to purchase 17,500 shares of common stock granted on November 8, 2021, which vested after the performance criteria for 2021 were met.
• Following the reported transactions, Yokozuka directly owns 47,157 shares of common stock and options to purchase 377,500 shares.

Sentiment

Score: 7

Explanation: The document indicates that the company met performance criteria, which is generally positive. The vesting of options is a standard part of executive compensation.

Positives

• The vesting of stock options indicates that Perimeter Solutions met certain performance criteria for the fiscal year 2024.
• The vesting of stock options indicates that Perimeter Solutions met certain performance criteria for the fiscal year 2021.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The vesting of stock options aligns management's interests with those of shareholders.

Key Dates

Keywords

Form 4, Perimeter Solutions, Stock Options, Beneficial Ownership, Vesting, Noriko Yokozuka, General Counsel