Perimeter Solutions, SA Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

SHARE-BASED COMPENSATION AND EMPLOYEE BENEFIT PLANS (Tables)

SHARE-BASED COMPENSATION AND EMPLOYEE BENEFIT PLANS (Tables)

12 Months Ended

Dec. 31, 2021

Share-based Payment Arrangement [Abstract]

The table below summarizes the PBNQSO activity:


	Number of Options		Weighted-Average Exercise/Conversion Price		Weighted-Average Remaining Contractual Life (years)		Aggregate Intrinsic Value (in thousands)
Outstanding at November 9, 2021		—	$	—
Granted		8,763,754	$	10.04
Exercised		—	$	—
Forfeited		—	$	—

Outstanding at December 31, 2021		8,763,754	$	10.04		5.9	$	34,086

Options vested and exercisable		—	$	—

Summary of Stock Option Valuation Assumptions

The weighted-average assumptions used to fair value the PBNQSO on the grant date using the Black-Scholes option-pricing model were as follows:


	2021
Dividend yield		—	%
Risk-free interest rate		1.19% to 1.37	%
Expected volatility		42.74% to 51.05	%
Expected life (years)		5.50 to 6.50
Weighted average exercise price of options granted	$	10.04
Weighted average fair value of options granted	$	6.15

Summary of Award Valuation Assumptions

The key inputs into the Monte Carlo simulation model for the Variable Annual Advisory Amounts were as follows at initial measurement and at December 31, 2021, which was determined to be the date of first payment:


	November 9, 2021			December 31, 2021
Dividend yield		—	%		—	%
Risk-free interest rate		1.47	%		1.52	%
Expected volatility		35.00	%		37.50	%
Expected life (years)		10.15			10.00
10-day volume weighted average stock price	$	12.00		$	13.63