Reza Zadno - 28 Apr 2023 Form 4 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Signature
/s/ Jonathan Stone, Attorney-in-Fact for Reza Zadno, Ph.D.
Issuer symbol
PRCT
Transactions as of
28 Apr 2023
Transactions value $
$87,378
Form type
4
Filing time
02 May 2023, 17:13:19 UTC
Previous filing
05 Apr 2023
Next filing
18 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCT Common Stock Options Exercise $87.4K +20K +11.37% $4.37* 196K 28 Apr 2023 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 PRCT Stock Option (Right to Buy) Options Exercise $0 -20K -1.54% $0.00 1.28M 28 Apr 2023 Common Stock 20K $4.37 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock option was granted on February 20, 2020 and vests 25% on the anniversary of the vesting commencement date of February 1, 2020 and the remaining shares vest on each monthly anniversary over a 3 year period thereafter, subject continued employment or service to the Issuer through the applicable vesting date.