---
schema_version: "secwatch.filing_event.v1"
accession: "0001880319-23-000084"
form_type: "8-K"
ticker: "PRM"
cik: "0001880319"
company_name: "Perimeter Solutions, Inc."
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:53:17.360743+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Perimeter Solutions amends stock option performance targets and revises 2023 annual incentive program

## Summary
- AOP growth targets adjusted from 13.5%/23.5% to 10%/20% minimum/maximum; cumulative vesting provision added.
- Alternative vesting triggered if stock price exceeds 2x exercise price for 60 days in 12-month period starting third year.
- 2023 Annual Incentive: 75% based on EBITDA, 25% individual; Fire Safety segment EBITDA target may be adjusted for fire season severity.
- Option exercise price and share count unchanged; changes effective May 8, 2023, approved by Board and Compensation Committee.

## SEC filing metadata
- accession: 0001880319-23-000084
- form_type: 8-K
- ticker: PRM
- cik: 0001880319
- company_name: Perimeter Solutions, Inc.
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000084/0001880319-23-000084-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880319/000188031923000084/prm-20230508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880319-23-000084
- JSON: https://secwatch.observer/filing/0001880319-23-000084.json
- Plain text: https://secwatch.observer/filing/0001880319-23-000084.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.