Reza Zadno - 04 Apr 2023 Form 4 Insider Report for PROCEPT BioRobotics Corp (PRCT)

Signature
/s/ Alaleh Nouri, Attorney-in-Fact for Reza Zadno, Ph.D.
Issuer symbol
PRCT
Transactions as of
04 Apr 2023
Transactions value $
$87,496
Form type
4
Filing time
05 Apr 2023, 17:33:12 UTC
Previous filing
17 Mar 2023
Next filing
02 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRCT Common Stock Options Exercise $87.5K +20K +12.85% $4.37* 176K 04 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 -1.52% $0.00 1.3M 04 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 25% of the Stock option vests on the first anniversary of February 1, 2020, the vesting commencement date, and the remaining shares vest on each monthly anniversary over a 3 year period thereafter, subject to continued employment or service to the Issuer through the applicable vesting date.