Scott R. Ward - Aug 9, 2021 Form 4 Insider Report for Cardiovascular Systems Inc (CSII)

Signature
/s/ Andrew Nick as Attorney-in-Fact for Scott R. Ward pursuant to Power of Attorney filed herewith.
Stock symbol
CSII
Transactions as of
Aug 9, 2021
Transactions value $
$0
Form type
4
Date filed
8/11/2021, 07:12 PM
Previous filing
May 11, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSII Common Stock Award $0 +33.1K +6.53% $0.00 541K Aug 9, 2021 Direct F1
transaction CSII Common Stock Award $0 +99.4K +18.38% $0.00 640K Aug 9, 2021 Direct F2

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 CSII Restricted Stock Units 34.3K Aug 9, 2021 Common Stock 34.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restrictions lapse as to 11,047 shares on each of 8/13/22, 8/13/23 and 8/13/24.
F2 Subject to performance-based forfeiture based on the Company's three-year total shareholder return for fiscal years 2022, 2023 and 2024 versus the Company's peer group.
F3 Each restricted stock unit represents the right to receive a payment from the Company equal in value to the market price per share of the Company's common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of the reporting person's board membership.