Brian G. Lloyd - 14 Sep 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
CHIEF LEGAL OFFICER, SECRETARY
Signature
/s/ Brian G. Lloyd
Issuer symbol
MMSI
Transactions as of
14 Sep 2021
Transactions value $
-$801,306
Form type
4
Filing time
16 Sep 2021, 19:52:44 UTC
Previous filing
10 May 2021
Next filing
14 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Options Exercise $103K +3.64K +63.83% $28.20 9.33K 14 Sep 2021 Direct
transaction MMSI Common Stock, No Par Value Sale -$248K -3.45K -37.01% $71.76 5.88K 14 Sep 2021 Direct F1
transaction MMSI Common Stock, No Par Value Options Exercise $461K +16.4K +278.39% $28.20 22.2K 15 Sep 2021 Direct
transaction MMSI Common Stock, No Par Value Sale -$1.12M -15.5K -69.89% $71.88 6.7K 15 Sep 2021 Direct 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 MMSI Non-qualified stock options (right to buy) Options Exercise $0 -3.64K -7.27% $0.00 46.4K 14 Sep 2021 Common Stock 3.64K $28.20 Direct F3
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -16.4K -35.29% $0.00 30K 15 Sep 2021 Common Stock 16.4K $28.20 Direct F3
holding MMSI Non-qualified stock options (right to buy) 25K 14 Sep 2021 Common Stock 25K $44.80 Direct F4
holding MMSI Non-qualified stock options (right to buy) 30K 14 Sep 2021 Common Stock 30K $55.73 Direct F5
holding MMSI Non-qualified stock options (right to buy) 16.7K 14 Sep 2021 Common Stock 16.7K $37.71 Direct F6
holding MMSI Non-qualified stock options (right to buy) 9.68K 14 Sep 2021 Common Stock 9.68K $56.25 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.75 to $71.785, inclusive. The Reporting Person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F2 The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.75 to $72.02, inclusive. The Reporting Person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F3 Become exercisable in equal annual installments of 20% commencing on 04/14/2018.
F4 Become exercisable in equal annual installments of 20% commencing on 03/02/2019.
F5 Become exercisable in equal annual installments of 20% commencing on 03/01/2020.
F6 Become exercisable in equal annual installments of 25% commencing on 02/26/2021.
F7 Become exercisable in equal annual installments of 25% commencing on 03/19/2022.