Miriam Provost - 02 Sep 2022 Form 4 Insider Report for TransMedics Group, Inc. (TMDX)

Role: VP, Global Regulatory Affairs
Signature: By: /s/ Stephen Gordon, Attorney-in-Fact
Issuer symbol: TMDX
Transactions as of: 02 Sep 2022
Net transactions value: -$33,295
Form type: 4
Filing time: 13 Dec 2022, 15:30:28 UTC
Previous filing: 24 Feb 2022
Next filing: 15 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TMDX	Common Stock	Options Exercise	$8,372	+2,600	+28%	$3.22^*	12,038	02 Sep 2022	Direct
transaction	TMDX	Common Stock	Options Exercise	$152,955	+3,977	+33%	$38.46	16,015	09 Dec 2022	Direct
transaction	TMDX	Common Stock	Sale	$179,714	-3,046	-19%	$59.00	12,969	09 Dec 2022	Direct	F1
transaction	TMDX	Common Stock	Options Exercise	$18,545	+1,149	+8.9%	$16.14^*	14,118	09 Dec 2022	Direct
transaction	TMDX	Common Stock	Sale	$33,453	-567	-4%	$59.00	13,551	09 Dec 2022	Direct	F1

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	TMDX	Stock Option (Right to Buy)	Options Exercise	$0	-2,600	-12%	$0.000000	18,281	02 Sep 2022	Common Stock	2,600	$3.22	Direct	F2
transaction	TMDX	Stock Option (Right to Buy)	Options Exercise	$0	-3,977	-16%	$0.000000	21,023	09 Dec 2022	Common Stock	3,977	$38.46	Direct	F3
transaction	TMDX	Stock Option (Right to Buy)	Options Exercise	$0	-1,149	-12%	$0.000000	8,226	09 Dec 2022	Common Stock	1,149	$16.14	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The exercise followed the sell-to-cover process, whereby a portion of the shares acquired through the exercise were sold in the open market, with the proceeds used to fund the aggregate exercise price of the options.
F2	The option is fully vested.
F3	The option vests at a rate of 2.0833% of the total number of shares each month until the option is fully vested on the fourth anniversary of the vesting commencement date, February 24, 2021.
F4	The option vests at a rate of 2.0833% of the total number of shares each month until the option is fully vested on the fourth anniversary of the vesting commencement date, February 27, 2020.