Brian G. Lloyd - 11 Aug 2022 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
11 Aug 2022
Net transactions value
-$822,604
Form type
4
Filing time
15 Aug 2022, 18:42:45 UTC
Previous filing
01 Mar 2022
Next filing
08 Feb 2023
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 $843,095 +29,897 +336% $28.20 38,791 11 Aug 2022 Direct
transaction MMSI Common Stock, No Par Value Sale $1,662,838 -26,807 -69% $62.03 11,984 11 Aug 2022 Direct F1
transaction MMSI Common Stock, No Par Value Options Exercise $2,905 +103 +0.86% $28.20 12,087 12 Aug 2022 Direct
transaction MMSI Common Stock, No Par Value Sale $5,766 -93 -0.77% $62.00 11,994 12 Aug 2022 Direct
transaction MMSI Common Stock, No Par Value Gift $0 -640 -6.7% $0.000000 8,894 30 Mar 2022 Direct

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 -29,897 -100% $0.000000 103 11 Aug 2022 Common Stock 30,000 $28.20 Direct F2
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -103 -100% $0.000000* 0 12 Aug 2022 Common Stock 103 $28.20 Direct F2
holding MMSI Non-qualified stock options (right to buy) 9,681 11 Aug 2022 Common Stock 9,681 $56.25 Direct F3
holding MMSI Non-qualified stock options (right to buy) 25,000 11 Aug 2022 Common Stock 25,000 $44.80 Direct F4
holding MMSI Non-qualified stock options (right to buy) 30,000 11 Aug 2022 Common Stock 30,000 $55.73 Direct F5
holding MMSI Non-qualified stock options (right to buy) 16,722 11 Aug 2022 Common Stock 16,722 $37.71 Direct F6
holding MMSI Non-qualified stock options (right to buy) 8,094 11 Aug 2022 Common Stock 8,094 $65.03 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 $62.00 to $62.13, 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 Become exercisable in equal annual installments of 20% commencing on 04/14/2018.
F3 Become exercisable in equal annual installments of 25% commencing on 03/19/2022.
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 Becomes exercisable in equal annual installments of 25% commencing 02/28/2023.