Zachary B. Fleming - 16 Dec 2021 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Signature
/s/ Zachary B. Fleming
Issuer symbol
SMTI
Transactions as of
16 Dec 2021
Net transactions value
-$32,813
Form type
4
Filing time
20 Dec 2021, 15:15:39 UTC
Previous filing
27 Oct 2021
Next filing
27 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTI Common Stock Tax liability $16,898 -370 -2.1% $45.67 17,338 16 Dec 2021 Direct F1
transaction SMTI Common Stock Tax liability $8,951 -196 -1.1% $45.67 17,142 16 Dec 2021 Direct F2
transaction SMTI Common Stock Tax liability $6,964 -196 -1.1% $35.53 16,946 16 Dec 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock of Sanara MedTech, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,517 shares of restricted stock granted to the reporting person on February 24, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F2 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 802 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F3 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 801 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.