Company: PIII
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001628280-25-015305
Chunk: 210

Company: P3 Health Partners Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 7
Chunk 210
---
 owned by the Company and the number of outstanding shares of Class A common stock, including, but not limited to, those issued as result of stock option exercises and settlement of RSU awards granted under the 2021 Plan.The 2021 Plan also permits the grant of dividend equivalent units that entitle the holder to an amount based on the value of the dividends per share paid on the Company’s Class A common stock, which are accumulated on RSUs during the vesting period. The following table summarizes time-based stock option activity under the 2021 Plan for the year ended December 31, 2024:Number ofStock Options(in thousands)WeightedAverageExercisePriceWeightedAverageRemainingContractualLife(in years)AggregateIntrinsicValue(in thousands)Outstanding as of December 31, 20234,087$4.24 8.77$140 Granted4,686$0.53 Cancelled(249)$3.12 Forfeited(1,957)$1.86 Outstanding as of December 31, 20246,567$2.35 8.57$— Fully vested and expected to vest as of December 31, 20246,567$2.35 8.57$— Exercisable as of December 31, 20241,887$5.55 7.07$— The following additional disclosures are provided for time-based stock options:Year Ended December 31,20242023Weighted average grant date fair value$0.34 $0.81 The following table summarizes performance-based stock option activity under the 2021 Plan for the year ended December 31, 2024:Number ofStock Options(in thousands)WeightedAverageExercisePriceWeightedAverageRemainingContractualLife(in years)AggregateIntrinsicValue(in thousands)Outstanding as of December 31, 20231,650$4.60 9.00$51 Granted— $—   Forfeited(900)$4.30 Outstanding as of December 31, 2024750$4.95 7.95$— Fully vested and expected to vest as of December 31, 2024750$4.95 7.95$— Exercisable as of December 31, 2024—$— —$— The following additional disclosures are provided for performance-based stock options:Year Ended December 31,20242023Weighted average grant date fair