Andrea Biffi - 30 Jun 2021 Form 4 Insider Report for ASENSUS SURGICAL, INC. (ASXC)

Role
Director
Signature
/s/ Joshua Weingard, as attorney-in-fact for Andrea Biffi
Issuer symbol
ASXC
Transactions as of
30 Jun 2021
Transactions value $
$0
Form type
4
Filing time
02 Jul 2021, 19:04:45 UTC
Next filing
15 Jun 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
transaction ASXC Stock Option Award $0 +3,748 $0 3,748 30 Jun 2021 Common Stock 3,748 $3.17 Direct F1, F2
transaction ASXC Stock Option Award $0 +35,479 $0 35,479 01 Jul 2021 Common Stock 35,479 $2.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equity award issued under the Registrant's Amended and Restated Incentive Compensation Plan in lieu of an annual cash retainer, paid quarterly in arrears for the quarter ended June 30, 2021
F2 The award is fully exercisable six months after the grant date, subject to earlier acceleration as approved by the Board of Directors.
F3 The stock options will vest on a quarterly basis over the one year following the date of grant, with the first vesting on the date of grant.