Michel J. Voigt - 27 Feb 2025 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
27 Feb 2025
Net transactions value
-$974,563
Form type
4
Filing time
03 Mar 2025, 20:22:34 UTC
Previous filing
06 Mar 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Award $0 +11,533 +116% $0.000000 21,441 27 Feb 2025 Direct F2
transaction MMSI Common Stock, No Par Value Tax liability $446,205 -4,530 -21% $98.50 16,911 27 Feb 2025 Direct F3
transaction MMSI Common Stock, No Par Value Award $0 +5,488 +32% $0.000000 22,399 28 Feb 2025 Direct F4
transaction MMSI Common Stock, No Par Value Options Exercise $408,431 +7,261 +32% $56.25 29,660 28 Feb 2025 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $263,241 +4,048 +14% $65.03 33,708 28 Feb 2025 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $176,450 +2,500 +7.4% $70.58 36,208 28 Feb 2025 Direct
transaction MMSI Common Stock, No Par Value Sale $1,376,481 -13,809 -38% $99.68 22,399 28 Feb 2025 Direct F5
holding MMSI Common Stock, No Par Value 15 27 Feb 2025 By 401(k) Plan F1

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 -7,261 -75% $0.000000 2,420 28 Feb 2025 Common Stock 9,681 $56.25 Direct F6
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -4,048 -50% $0.000000 4,046 28 Feb 2025 Common Stock 8,094 $65.03 Direct F7
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -2,500 -18% $0.000000 11,076 28 Feb 2025 Common Stock 13,576 $70.58 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents plan holdings as of 02/28/2025.
F2 These shares were acquired upon a determination of the Company's Compensation and Talent Development Committee that certain conditions had been met for the issuance of such shares pursuant to performance stock units that were granted on 02.28.2022.
F3 The Reporting Person surrendered 4,530 shares of common stock to the Issuer for payroll taxes. No shares were sold in the open market.
F4 Represents a grant of restricted stock units ("RSUs"). The RSUs vest in three equal annual installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
F5 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 $98.425 to $100.485, 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.
F6 Become exercisable in equal annual installments of 25% commencing on 03/19/2022.
F7 Becomes exercisable in equal annual installments of 25% commencing 02/28/2023.
F8 Become exercisable in equal annual installments of 25% commencing on 02/28/2024.