Douglas Devine - 15 Feb 2022 Form 4 Insider Report for iRhythm Technologies, Inc. (IRTC)

Signature
/s/ Nahyion Kim, attorney in fact
Issuer symbol
IRTC
Transactions as of
15 Feb 2022
Net transactions value
-$556,933
Form type
4
Filing time
17 Feb 2022, 20:14:17 UTC
Previous filing
22 Mar 2022
Next filing
08 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRTC Common Stock Award $0 +7,422 +23% $0.000000 39,088 15 Feb 2022 Direct F1, F2
transaction IRTC Common Stock Award $0 +8,046 +21% $0.000000 47,134 15 Feb 2022 Direct F3
transaction IRTC Common Stock Sale $11,648 -98 -0.21% $118.86 47,036 17 Feb 2022 Direct F4
transaction IRTC Common Stock Sale $545,285 -4,505 -9.6% $121.04 42,531 17 Feb 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Includes 207 shares acquired under the Issuer's employee stock purchase plan on May 31, 2021.
F3 Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance RSUs granted to the Reporting Person on January 19, 2021.
F4 These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs.