CANNELL CAPITAL LLC - 16 Mar 2023 Form 4 Insider Report for Neuronetics, Inc. (STIM)

Role
10%+ Owner
Signature
Nichole Rousseau-McAllister
Issuer symbol
STIM
Transactions as of
16 Mar 2023
Net transactions value
+$173,100
Form type
4
Filing time
20 Mar 2023, 19:40:44 UTC
Previous filing
15 Mar 2023
Next filing
01 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STIM Neuronetics, Inc. Ordinary Stock Purchase $151,009 +52,072 +1.7% $2.90 3,120,175 16 Mar 2023 By partnerships and separately-managed accounts F1, F2, F3
transaction STIM Neuronetics, Inc. Ordinary Stock Purchase $22,091 +7,644 +0.24% $2.89 3,127,819 17 Mar 2023 By partnerships and separately-managed accounts F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of March 20, 2023, Tonga Partners, LP, Tristan Partners, LP, and Tristan Offshore Fund, Ltd., and sundry separately-managed accounts advised by Cannell Capital LLC (collectively the "Cannell Investment Vehicles") owned in the aggregate 3,127,819 shares of the common stock of Neuronetics, Inc.
F2 Cannell Capital LLC acts as the general partner of and investment adviser to Tonga Partners, LP, and Tristan Partners, L.P. and as the investment adviser to the Tristan Offshore Fund, Ltd and the sundry separately-managed accounts. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Neuronetics, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of March 20, 2023, Mr. Cannell beneficially owned 3,127,819 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.
F3 The investment vehicles for which transactions are reported herein have a performance fee that does not give rise to reportable pecuniary interest pursuant to the exemption set forth in Rule 16a-1(a)(2)(ii)(C), and Mr. Cannell and Cannell Capital LLC accordingly disclaim pecuniary interest in the reported transactions in accordance with the same.