Stephen Deitsch - Oct 14, 2021 Form 3 Insider Report for Paragon 28, Inc. (FNA)

Role
Chief Financial Officer
Signature
/s/ Jonathan Friedman, as Attorney-in-Fact for Stephen M. Deitsch
Stock symbol
FNA
Transactions as of
Oct 14, 2021
Transactions value $
$0
Form type
3
Date filed
10/14/2021, 09:30 PM
Previous filing
Aug 12, 2021
Next filing
Feb 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
holding FNA Stock Option (Right to Buy) Oct 14, 2021 Common Stock 500K $6.00 Direct F1, F2
holding FNA Stock Option (Right to Buy) Oct 14, 2021 Common Stock 50K $6.60 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vest annually measured from September 28, 2020 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the fourth anniversary of the Vesting Commencement Date.
F2 Reflects a 5-for-1 forward stock split of the Issuer's outstanding common stock effected on October 8, 2021.
F3 50% of the shares subject to the option vest annually measured from December 31, 2020 (the "Vesting Commencement Date"), such that 100% of the shares subject to the option will be fully vested and exercisable on the second anniversary of the Vesting Commencement Date.

Remarks:

Exhibit 24.1 - Power of Attorney