David P. Tusa - Aug 24, 2021 Form 4 Insider Report for SHARPS COMPLIANCE CORP (SMED)

Role: CEO and President, Director
Signature: Diana Diaz, on behalf of Reporting Person
Stock symbol: SMED
Transactions as of: Aug 24, 2021
Transactions value $: $907,264
Form type: 4
Date filed: 8/26/2021, 04:48 PM
Previous filing: Jul 21, 2021
Next filing: May 18, 2022

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	SMED	Sharps Compliance 2010 Stock Plan Options	Award	$907K	+102K	+44.77%	$8.86	331K	Aug 24, 2021	Common Stock	102K	$8.86	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Mr. Tusa was granted options to purchase 102,400 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on August 20, 2022, one-fourth on August 20, 2023, one-fourth on August 20, 2024 and one-fourth on August 20, 2025. The exercise price of the stock is $8.86 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.

Content

Mr. Tusa was granted options to purchase 102,400 shares of common stock under the Sharps Compliance 2010 Stock Plan which vests as follows: one-fourth on August 20, 2022, one-fourth on August 20, 2023, one-fourth on August 20, 2024 and one-fourth on August 20, 2025. The exercise price of the stock is $8.86 according to the agreement. Upon a change in control, as defined in the 2010 Stock Plan, any unvested stock options become fully vested.