Nicholas Corcoran - 27 Aug 2024 Form 4 Insider Report for TransMedics Group, Inc. (TMDX)

Role
SVP of Supply Chain and Operations
Signature
By: /s/ Stephen Gordon, Attorney-in-Fact
Issuer symbol
TMDX
Transactions as of
27 Aug 2024
Net transactions value
-$1,061,882
Form type
4
Filing time
29 Aug 2024, 16:30:11 UTC
Previous filing
08 May 2024
Next filing
26 Feb 2025
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 $516,241 +7,810 +37% $66.10 28,915 27 Aug 2024 Direct
transaction TMDX Common Stock Options Exercise $182,077 +2,190 +7.6% $83.14 31,105 27 Aug 2024 Direct
transaction TMDX Common Stock Sale $1,760,200 -10,000 -32% $176.02 21,105 27 Aug 2024 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 -7,810 -40% $0.000000 11,922 27 Aug 2024 Common Stock 7,810 $66.10 Direct F2
transaction TMDX Stock Option (Right to Buy) Options Exercise $0 -2,190 -12% $0.000000 15,442 27 Aug 2024 Common Stock 2,190 $83.14 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $176.00 to $176.33, inclusive. The Reporting Person undertakes to provide to 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.
F2 The option vests at a rate of 2.0833% of the total number of shares subject to the option each month following February 20, 2023 until the option is fully vested on February 20, 2027, subject to continued service.
F3 The option vests at a rate of 2.0833% of the total number of shares subject to the option each month following February 23, 2024 until the option is fully vested on February 23, 2028, subject to continued service.

Remarks:

SVP of Supply Chain and Operations