Lee Rosenthal - Jul 20, 2022 Form 4 Insider Report for Paragon 28, Inc. (FNA)

Role
10%+ Owner
Signature
/s/ Lee Rosenthal
Stock symbol
FNA
Transactions as of
Jul 20, 2022
Transactions value $
-$12,572,201
Form type
4
Date filed
10/31/2022, 09:16 PM
Next filing
Jul 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNA Common Stock Options Exercise $25.7K +42.9K +3.75% $0.60* 1.19M Jul 20, 2022 Direct
transaction FNA Common Stock Sale -$798K -42.9K -3.62% $18.63 1.14M Jul 20, 2022 Direct F1
transaction FNA Common Stock Sale -$1.33M -71.1K -6.22% $18.68 1.07M Jul 20, 2022 Direct F2
transaction FNA Common Stock Options Exercise $19.3K +32.1K +3% $0.60* 1.1M Jul 21, 2022 Direct
transaction FNA Common Stock Options Exercise $15K +25K +2.27% $0.60* 1.13M Jul 21, 2022 Direct
transaction FNA Common Stock Options Exercise $1.24K +1.04K +0.09% $1.20* 1.13M Jul 21, 2022 Direct
transaction FNA Common Stock Sale -$1.08M -58.2K -5.15% $18.48 1.07M Jul 21, 2022 Direct F3
transaction FNA Common Stock Sale -$514K -27.8K -2.6% $18.47 1.04M Jul 21, 2022 Direct F4
transaction FNA Common Stock Gift $0 -5K -0.48% $0.00 1.04M Jul 22, 2022 Direct
transaction FNA Common Stock Sale -$28.2K -1.54K -0.15% $18.29 1.04M Jul 22, 2022 Direct F5
transaction FNA Common Stock Options Exercise $25K +20.8K +2.01% $1.20* 1.06M Jul 25, 2022 Direct
transaction FNA Common Stock Sale -$386K -20.8K -1.97% $18.53 1.04M Jul 25, 2022 Direct F6
transaction FNA Common Stock Sale -$690K -37.3K -3.6% $18.51 1M Jul 25, 2022 Direct F7
transaction FNA Common Stock Options Exercise $33.8K +28.2K +2.82% $1.20* 1.03M Jul 26, 2022 Direct
transaction FNA Common Stock Options Exercise $101K +21.8K +2.13% $4.60 1.05M Jul 26, 2022 Direct
transaction FNA Common Stock Sale -$943K -50K -4.76% $18.86 1M Jul 26, 2022 Direct F8
transaction FNA Common Stock Sale -$119K -6.3K -0.63% $18.90 993K Jul 26, 2022 Direct
transaction FNA Common Stock Options Exercise $129K +28.2K +2.83% $4.60 1.02M Jul 27, 2022 Direct
transaction FNA Common Stock Options Exercise $97K +18K +1.76% $5.40 1.04M Jul 27, 2022 Direct
transaction FNA Common Stock Sale -$896K -46.1K -4.44% $19.44 993K Jul 27, 2022 Direct F9
transaction FNA Common Stock Sale -$1.62M -84.1K -8.47% $19.29 909K Jul 27, 2022 Direct F10
transaction FNA Common Stock Options Exercise $540 +100 +0.01% $5.40 909K Jul 28, 2022 Direct
transaction FNA Common Stock Sale -$1.95K -100 -0.01% $19.54 909K Jul 28, 2022 Direct
transaction FNA Common Stock Sale -$96.7K -5.08K -0.56% $19.03 904K Jul 28, 2022 Direct F11
transaction FNA Common Stock Sale -$24.5K -1.29K -0.14% $19.00 903K Jul 29, 2022 Direct
transaction FNA Common Stock Sale -$121K -6.37K -0.71% $19.02 897K Aug 1, 2022 Direct F12
transaction FNA Common Stock Sale -$1.42M -73.4K -8.19% $19.32 823K Aug 3, 2022 Direct F13
transaction FNA Common Stock Sale -$781K -39.9K -4.85% $19.56 783K Aug 4, 2022 Direct F14
transaction FNA Common Stock Sale -$2.34M -119K -15.25% $19.56 664K Aug 5, 2022 Direct F15
transaction FNA Common Stock Options Exercise $161K +29.7K +4.48% $5.40 693K Aug 5, 2022 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 FNA Stock Option (Right to Buy) Options Exercise $0 -42.9K -57.15% $0.00 32.1K Jul 20, 2022 Common Stock 42.9K $0.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -32.1K -100% $0.00* 0 Jul 21, 2022 Common Stock 32.1K $0.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -25K -100% $0.00* 0 Jul 21, 2022 Common Stock 25K $0.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -1.04K -2.07% $0.00 49K Jul 21, 2022 Common Stock 1.04K $1.20 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -20.8K -42.51% $0.00 28.2K Jul 25, 2022 Common Stock 20.8K $1.20 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -28.2K -100% $0.00* 0 Jul 26, 2022 Common Stock 28.2K $1.20 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -21.8K -43.7% $0.00 28.2K Jul 26, 2022 Common Stock 21.8K $4.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -28.2K -100% $0.00* 0 Jul 27, 2022 Common Stock 28.2K $4.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -18K -35.92% $0.00 32K Jul 27, 2022 Common Stock 18K $5.40 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -100 -0.31% $0.00 31.9K Jul 28, 2022 Common Stock 100 $5.40 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -29.7K -93.14% $0.00 2.19K Aug 5, 2022 Common Stock 29.7K $5.40 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -2.19K -100% $0.00* 0 Aug 8, 2022 Common Stock 2.19K $5.40 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -25K -100% $0.00* 0 Aug 8, 2022 Common Stock 25K $6.60 Direct F32
transaction FNA Stock Option (Right to Buy) Options Exercise $0 -12.5K -50% $0.00 12.5K Aug 8, 2022 Common Stock 12.5K $6.60 Direct F33
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.60 to $18.82 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.35 to $18.975 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.45 to $18.63 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.33 to $18.625 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.03 to $18.58 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.50 to $18.645 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.45 to $18.64 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.85 to $18.91 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.25 to $19.59 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $18.905 to $19.60 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.51 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F12 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.06 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F13 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.60 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F14 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $20.00 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F15 The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.00 to $19.7775 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F32 The option is fully vested and exercisable.
F33 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:

Form 4 (1 of 2)