Cheryl R. Blanchard - 26 Apr 2022 Form 4 Insider Report for Anika Therapeutics, Inc. (ANIK)

Signature
/s/ Cheryl R. Blanchard
Issuer symbol
ANIK
Transactions as of
26 Apr 2022
Net transactions value
$0
Form type
4
Filing time
28 Apr 2022, 17:01:35 UTC
Previous filing
14 Mar 2022
Next filing
13 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANIK Common Stock Options Exercise $0 +24,576 +51% $0.000000 72,826 26 Apr 2022 Direct F1
holding ANIK Common Stock 11,742 26 Apr 2022 Revocable Trust F2

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
transaction ANIK Restricted Stock Unit Options Exercise $0 -24,576 -50% $0.000000 24,575 26 Apr 2022 Common Stock 24,576 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the second vesting installment of Restricted Stock Units (RSUs) granted on April 26, 2020. The 24,576 shares resulting from the RSU vest were retained in full as a result of Dr. Blanchard's election to pay cash to cover the applicable taxes resulting from the RSU vest.
F2 Consists of shares transferred by Dr. Blanchard to The Cheryl R. Blanchard Amended and Restated Revocable Trust dated December 19, 2014, of which Dr. Blanchard is a beneficiary and the sole trustee.
F3 Each RSU represents the contingent right to receive one share of the Company's common stock. The RSUs vest in three equal annual installments beginning April 26, 2021.