Stephen Deitsch - 14 Oct 2021 Form 3 Insider Report for Paragon 28, Inc. (FNA)

Role
Chief Financial Officer
Signature
/s/ Jonathan Friedman, as Attorney-in-Fact for Stephen M. Deitsch
Issuer symbol
FNA
Transactions as of
14 Oct 2021
Transactions value $
$0
Form type
3
Filing time
14 Oct 2021, 21:30:53 UTC
Previous filing
12 Aug 2021
Next filing
18 Feb 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding FNA Stock Option (Right to Buy) 14 Oct 2021 Common Stock 500K $6.00 Direct F1, F2
holding FNA Stock Option (Right to Buy) 14 Oct 2021 Common Stock 50K $6.60 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vest annually measured from September 28, 2020 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
F2 Reflects a 5-for-1 forward stock split of the Issuer's outstanding common stock effected on October 8, 2021.
F3 50% of the shares subject to the option vest annually measured from December 31, 2020 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the second anniversary of the Vesting Commencement Date.

Remarks:

Exhibit 24.1 - Power of Attorney