Loading...
Docoh

Mark Stolper

Filed: 6 Jan 22, 7:06pm
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STOLPER MARK

(Last) (First) (Middle)
C/O RADNET, INC.
1510 COTNER AVENUE

(Street)
LOS ANGELES, CA 90025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
RadNet, Inc. [ RDNT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive VP and CFO
3. Date of Earliest Transaction (Month/Day/Year)
01/04/2022
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 01/04/2022 A 13,374 (2) (2) Common Stock 13,374 $0 13,374 D
Restricted Stock Units (1) 01/04/2022 A 4,882 (3) (3) Common Stock 4,882 $0 4,882 D
Employee stock option (right to buy) $29.44 01/04/2022 A 29,140 (4) 01/03/2032 Common Stock 29,140 $0 29,140 D
Employee stock option (right to buy) $29.44 01/04/2022 A 10,635 01/04/2023 01/03/2032 Common Stock 10,635 $0 10,635 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.
2. The RSU vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in two equal annual installments on January 3, 2023 and January 3, 2024.
3. The RSU will vest on January 3, 2023. RDNT shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, (ii) death or disability, (iii) a change in control of RadNet, or (iv) in annual installments over five years, commencing on January 1, 2027. The vesting of RSUs may be accelerated under certain circumstances.
4. The option vested as to one-third of the shares on January 4, 2022, and will vest with respect to the remaining two-thirds of the shares, subject to the reporting person's continued service, in three equal annual installments on January 3, 2023, January 3, 2024, and January 3, 2025.
/s/ Elizabeth H. Gonzalez, Attorney-in-Fact 01/06/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.