Anil P. Ranganath - Jun 5, 2024 Form 4 Insider Report for TransMedics Group, Inc. (TMDX)

Role
Senior Vice President, General Counsel and Secretary
Signature
By: /s/ Stephen Gordon, Attorney-in-Fact
Stock symbol
TMDX
Transactions as of
Jun 5, 2024
Transactions value $
-$345,187
Form type
4
Date filed
8/9/2024, 04:30 PM
Previous filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TMDX Common Stock Sale -$95.1K -703 -7.39% $135.21 8.81K Jun 5, 2024 Direct F1
transaction TMDX Common Stock Options Exercise $403K +4.29K +48.23% $93.88 13.2K Aug 7, 2024 Direct F2
transaction TMDX Common Stock Sale -$653K -4.29K -32.54% $152.20 8.89K Aug 7, 2024 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
transaction TMDX Stock Option (Right to Buy) Options Exercise $0 -4.29K -29.16% $0.00 10.4K Aug 7, 2024 Common Stock 4.29K $93.88 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Required number of shares sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units. This sale was made to satisfy tax withholding obligations through a "sell to cover" transaction pursuant to the terms of the RSU award.
F2 Includes 84 shares of Issuer's Common Stock acquired on June 28, 2024, pursuant to the TransMedics Group, Inc. 2019 Employee Stock Purchase Plan ("ESPP"), for the option period of January 2, 2024 to June 28, 2024. This transaction is exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at a price equal to 85% of the closing price of Issuer's Common Stock on January 2, 2024.
F3 The option vested as to 25% on June 5, 2024 and will vest as to the remaining shares in equal monthly installments over three years thereafter, subject to continued service.

Remarks:

Senior Vice President, General Counsel and Secretary