Company: PERI
Filing Date: 2025-03-25
Form Type: 20-F
Source: 0001178913-25-001021
Chunk: 180

Company: Perion Network Ltd.
Filing Date: 2025-03-25
Form: 20-F
Item: Item 18
Chunk 180
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 $20.58, respectively. The total fair value of options and RSUs, as their respective vesting dates, during the years ended December 31, 2024, 2023 and 2022 was $3,032, $2,506, and $2,434, respectively.
 
The aggregate intrinsic value of the outstanding performance-based equity grants at December 31, 2024, represents the intrinsic value of all outstanding options and RSUs since they were all in-the-money as of such date.
 
The number of service-based and performance-based options and RSUs expected to vest reflects an estimated forfeiture rate.
 
  F - 39

PERION NETWORK LTD. AND ITS SUBSIDIARIES
 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
 U.S. dollars in thousands (except share and per share data)
 
  NOTE 13:     SHAREHOLDERS' EQUITY (Cont.)
 
The following table summarizes additional information regarding outstanding and exercisable service-based options and RSUs under the Company's Equity Incentive Plan as of December 31, 2024:
 
   
                                                Outstanding                                                      Exercisable                         
-----------------------------------------------------------------------------------------------------------------------------------------------------
Range                 Number of                        Weighted              Weighted   Number of                      Weighted              Weighted
of exercise price     options and                       average               average   options and                     average               average
                      RSUs                            remaining              exercise   RSUs                          remaining              exercise
                                                    contractual                 price                               contractual                 price
                                                           life                                                            life                      
                                                        (years)                                                         (years)                      
$-                            2,967,211                   93.78                    $-                 -                       -                    $-
               2.87              27,508                    1.22                  3.27            27,508                    1.22                  3.27
            –– 3.38                                                                                                                                  
               4.25             143,359                    1.91                  5.39           143,359                    1.91                  5.39
             – 5.90                                                                                                                                  
               6.23              67,001                    2.99                  6.50            67,001                    2.99                  6.50
             – 6.56                                                                                                                                  
$12.02 – 21.35                   12,842                    3.27                 17.34            12,842                    3.27                 17.