Erica J. Rogers - 11 Apr 2022 Form 4 Insider Report for Silk Road Medical Inc (SILK)

Signature
/s/Mhairi Jones, by power of attorney
Issuer symbol
SILK
Transactions as of
11 Apr 2022
Net transactions value
-$1,253,172
Form type
4
Filing time
13 Apr 2022, 19:21:50 UTC
Previous filing
07 Mar 2022
Next filing
13 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SILK Common Stock Options Exercise $48,000 +30,000 +12% $1.60* 275,649 11 Apr 2022 Direct F1
transaction SILK Common Stock Sale $1,301,172 -30,000 -11% $43.37 245,649 11 Apr 2022 Direct F1, F2
holding SILK Common Stock 83,843 11 Apr 2022 Trustees of The Surace/Rogers Family Trust F3

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 SILK Option (right to buy) Options Exercise $0 -30,000 -20% $0.000000 122,654 11 Apr 2022 Common Stock 30,000 $1.60 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on August 20, 2021.
F2 This transaction was executed in multiple trades at price ranging from $42.80 to $44.44. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 These shares are held directly by Kevin J. Surace and Erica J. Rogers, as Trustees of The Surace Rogers Family Trust.
F4 All of the shares subject to this option are fully vested and exercisable as of the date hereof.