RadNet (RDNT) Form 3 RadNet / Ranjan Jayanathan ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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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1. Name and Address of Reporting Person^*

Jayanathan Ranjan

(Last) (First) (Middle)

C/O RADNET, INC.

1510 COTNER AVENUE

(Street)

LOS ANGELES CA 90025

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/11/2021

3. Issuer Name and Ticker or Trading Symbol
RadNet, Inc. [ RDNT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Information Officer

5. If Amendment, Date of 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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	186,251	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Common Stock	30,000	(2)	D
Restricted Stock Units	(3)	(3)	Common Stock	25,000	(2)	D
Restricted Stock Units	(4)	(4)	Common Stock	25,000	(2)	D
Restricted Stock Units	(5)	(5)	Common Stock	20,000	(2)	D

Explanation of Responses:

1. Immediately exercisable.

2. Each RSU represents a contingent right to receive one share of RDNT common stock and/or the cash equivalent of such share.

3. The restricted stock units ("RSUs") vest in three equal annual installments with the first such vesting installment occurring on January 29, 2018. RDNT Shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, death or disability, (ii) a change in control of RDNT, or (iii) in annual increments over a five year period commencing January 29, 2023. The vesting of RSUs may also be accelerated under certain circumstances.

4. The restricted stock units ("RSUs") vest in three equal annual installments with the first such vesting installment occurring on January 16, 2019. RDNT Shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, death or disability, (ii) a change in control of RDNT, or (iii) in annual increments over a five year period commencing January 16, 2024. The vesting of RSUs may also be accelerated under certain circumstances.

5. The restricted stock units ("RSUs") vest in three equal annual installments with the first such vesting installment occurring on January 24, 2020. RDNT Shares (and/or cash) will be delivered to the reporting person in exchange for vested RSUs on the earlier of (i) the reporting person's separation from service, death or disability, (ii) a change in control of RDNT, or (iii) in annual increments over a five year period commencing January 24, 2025. The vesting of RSUs may also be accelerated under certain circumstances.

Remarks:

Exhibit 24.1 - Power of Attorney

	/s/ Liz Gonzalez, Attorney-in-Fact	01/19/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.