DANIEL MOORHEAD - 29 Oct 2022 Form 4 Insider Report for ZYNEX INC (ZYXI)

Signature
/s/ Daniel Moorhead
Issuer symbol
ZYXI
Transactions as of
29 Oct 2022
Transactions value $
-$409,568
Form type
4
Filing time
01 Nov 2022, 19:48:01 UTC
Previous filing
11 Oct 2022
Next filing
07 Nov 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZYXI Common Stock Tax liability -$2,382 -209 -0.37% $11.4 56,531 29 Oct 2022 Direct F3
transaction ZYXI Common Stock (Restricted Stock Award) Award $0 +7,464 +7.4% $0 107,974 29 Oct 2022 Direct F1, F2
transaction ZYXI Common Stock Sale -$407,185 -38,126 -67% $10.68 18,405 31 Oct 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award issued pursuant to the Issuer's 2017 Stock Incentive Plan (the "Plan") pursuant to which the 7,464 shares vest equally, on an quarterly basis, over a period of two years beginning one quarter from the grant date.
F2 Represents restricted stock awards under the Plan, which have not vested.
F3 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Awards ("RSAs") and does not represent a sale.
F4 On October 31, 2022, Daniel Moorhead, sold an aggregate of 38,126 shares of common stock in open market transactions at a price per share equal to $10.68, reducing Mr. Moorhead's beneficially owned shares to 18,405 shares. The price per share equal to $10.68 represents the weighted average sales price for the shares. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares sold at each separate price.