Thomas Sandgaard - 13 Jun 2023 Form 4 Insider Report for ZYNEX INC (ZYXI)

Role
President, CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Thomas Sandgaard
Issuer symbol
ZYXI
Transactions as of
13 Jun 2023
Net transactions value
-$2,588,585
Form type
4
Filing time
15 Jun 2023, 18:46:37 UTC
Previous filing
11 May 2023
Next filing
26 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZYXI Common Stock Disposed to Issuer $2,586,000 -300,000 -2% $8.62 14,390,933 13 Jun 2023 Direct F1
transaction ZYXI Common Stock Tax liability $2,585 -273 -0% $9.47 14,391,398 15 Jun 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 13, 2023, the reporting person sold 300,000 shares of Common Stock to the Company in an exempt transaction pursuant to Rule 16b-3. The sale price per share was the closing price of the Common Stock on June 13, 2023. The transaction was approved by the Audit Committee and the disinterested members of the Board of Directors of the Company.
F2 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.