Fred P. Lampropoulos - Feb 27, 2025 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Feb 27, 2025
Transactions value $
-$2,360,074
Form type
4
Date filed
3/3/2025, 08:23 PM
Previous filing
Mar 6, 2024
Next filing
Mar 6, 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 +30.8K +2.88% $0.00 1.1M Feb 27, 2025 Direct F3
transaction MMSI Common Stock, No Par Value Tax liability -$1.33M -13.5K -1.23% $98.50 1.09M Feb 27, 2025 Direct F4
transaction MMSI Common Stock, No Par Value Award $0 +20.4K +1.88% $0.00 1.11M Feb 28, 2025 Direct F5
transaction MMSI Common Stock, No Par Value Options Exercise $1.7M +38K +3.44% $44.80 1.14M Feb 28, 2025 Direct
transaction MMSI Common Stock, No Par Value Tax liability -$2.66M -26K -2.28% $102.04 1.12M Feb 28, 2025 Direct F6
transaction MMSI Common Stock, No Par Value Options Exercise $179K +4K +43.35% $44.80 13.2K Feb 28, 2025 By spouse F2
transaction MMSI Common Stock, No Par Value Tax liability -$254K -2.49K -18.85% $102.04 10.7K Feb 28, 2025 By spouse F2, F7
holding MMSI Common Stock, No Par Value 97.8K Feb 27, 2025 By 401(k) Plan F1
holding MMSI Common Stock, No Par Value 90 Feb 27, 2025 By spouse as custodian for child 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 -38K -100% $0.00 0 Feb 28, 2025 Common Stock 38K $44.80 Direct F8
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -4K -100% $0.00 0 Feb 28, 2025 Common Stock 4K $44.80 By spouse F2, F9
holding MMSI Non-qualified stock options (right to buy) 159K Feb 27, 2025 Common Stock 159K $55.73 Direct F10
holding MMSI Non-qualified stock options (right to buy) 2K Feb 27, 2025 Common Stock 2K $55.73 By spouse F2, F11
holding MMSI Non-qualified stock options (right to buy) 100K Feb 27, 2025 Common Stock 100K $37.71 Direct F12
holding MMSI Non-qualified stock options (right to buy) 58.1K Feb 27, 2025 Common Stock 58.1K $56.25 Direct F13
holding MMSI Non-qualified stock options (right to buy) 54.3K Feb 27, 2025 Common Stock 54.3K $70.58 Direct F14
* 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 Represents securities held by the spouse of the Reporting Person. The Reporting Person expressly disclaims beneficial ownership of the securities owned by his spouse.
F3 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.
F4 The Reporting Person surrendered 13,051 shares of common stock to the Issuer for payroll taxes. No shares were sold in the open market.
F5 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.
F6 The Reporting Person surrendered 26,043 shares of common stock to the Issuer for payroll taxes and payment of the option price. No shares were sold in the open market.
F7 The Reporting Person's spouse surrendered 2,494 shares of common stock to the Issuer for payroll taxes and payment of the option price. No shares were sold in the open market.
F8 Becomes exercisable in equal annual installments of 20% commencing 3/2/2019.
F9 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/2/2019. Options not vested as of 6/22/2020 have been forfeited.
F10 Becomes exercisable in equal annual installments of 20% commencing 3/1/2020.
F11 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/1/2020. Options not vested as of 6/22/2020 have been forfeited.
F12 Becomes exercisable in equal annual installments of 25% commencing 2/26/2021.
F13 Becomes exercisable in equal annual installments of 25% commencing 03/19/2022.
F14 Becomes exercisable in equal annual installments of 25% commencing 2/28/2024.