RadNet Inc.

04/08/2025 | Press release | Distributed by Public on 04/08/2025 06:00

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Patel Mital
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)
EVP of Fin Planning, CAO
(Last) (First) (Middle)
C/O RADNET, INC., 1510 COTNER AVENUE 		3. Date of Earliest Transaction (Month/Day/Year)
01/04/2024
(Street)
LOS ANGELES, CA 90025 		4. If Amendment, Date 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
(City) (State) (Zip)
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
Common Stock 01/04/2024 M 1,221(1) A (1) 228,918 D
Common Stock 01/04/2025 M 1,220(1) A (1) 230,138 D
Common Stock 04/04/2025 M 29,762 A $6.3 230,138(2) D
Common Stock 04/04/2025 M 13,681 A $10.05 230,138(3) D
Common Stock 04/04/2025 M 3,430 A $10.93 230,138(4) D
Common Stock 04/04/2025 M 3,467 A $20.43 230,138(5) D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: 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) 01/04/2024 M 1,221 (1) (1) Common Stock 1,221 $ 0 1,220 D
Restricted Stock Units (1) 01/04/2025 M 1,220 (1) (1) Common Stock 1,220 $ 0 0 D
Employee Stock Option (right to buy) $6.3 04/04/2025 M 29,762 (2) 01/06/2027 Common Stock 29,762 $ 0 0 D
Employee Stock Option (right to buy) $10.05 04/04/2025 M 13,681 (3) 01/02/2028 Common Stock 13,681 $ 0 4,976 D
Employee Stock Option (right to buy) $10.93 04/04/2025 M 3,430 (4) 01/07/2030 Common Stock 3,430 $ 0 13,724 D
Employee Stock Option (right to buy) $20.43 04/04/2025 M 3,467 (5) 01/06/2030 Common Stock 3,467 $ 0 6,934 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Patel Mital
C/O RADNET, INC.
1510 COTNER AVENUE
LOS ANGELES, CA 90025 		EVP of Fin Planning, CAO

Signatures

/s/ Jose Gamez, Attorney-in-Fact 04/08/2025
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On January 4, 2022, the reporting person was granted a target number of restricted stock unit ("RSU") subject to performance and time vesting. Each RSU represents a contingent right, upon vesting of the RSU, to receive one share of RadNet common stock and/or the cash equivalent of such share. 2,441 RSUs vested as to the performance vesting, and such RSUs vest in two equal annual installments on January 4, 2024 and January 4, 2025. Transaction reflects the settlement of 1,221 and 1,220 vested RSUs into shares of common stock.
(2) Issued in connection with retention of employment. 29,762 shares of RadNet common stock were granted on January 6, 2017. Vests 1/3 on issuance and 1/3 on each anniversary thereafter. This transaction shows the exercise of derivative securities, which was previously reported on the reporting person's Form 4 filed January 9, 2017 and is re-reporting in Table I for the avoidance of doubt.
(3) Issued in connection with retention of employment. 18,657 shares of RadNet common stock were granted on January 2, 2018. Vests 1/3 on issuance and 1/3 on each anniversary thereafter. This transaction shows the exercise of derivative securities, which was previously reported on the reporting person's Form 4 filed January 2, 2018 and is re-reporting in Table I for the avoidance of doubt.
(4) Issued in connection with retention of employment. 17,154 shares of RadNet common stock were granted on January 7, 2019. Vests 1/3 on issuance and 1/3 on each anniversary thereafter. This transaction shows the exercise of derivative securities, which was previously reported on the reporting person's Form 4 filed January 7, 2019 and is re-reporting in Table I for the avoidance of doubt.
(5) Issued in connection with retention of employment. 10,401 shares of RadNet common stock were granted on January 10, 2020. Vests 1/3 on issuance and 1/3 on each anniversary thereafter. This transaction shows the exercise of derivative securities, which was previously reported on the reporting person's Form 4 filed January 10, 2020 and is re-reporting in Table I for the avoidance of doubt.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.