Roberto Cuca - 23 Feb 2023 Form 4 Insider Report for TELA Bio, Inc. (TELA)

Signature
/s/ Megan Smeykal, Attorney-in-fact
Issuer symbol
TELA
Transactions as of
23 Feb 2023
Net transactions value
-$13,650
Form type
4
Filing time
27 Feb 2023, 18:20:35 UTC
Previous filing
07 Jun 2022
Next filing
14 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TELA Common Stock Award $0 +17,700 +51% $0.000000 52,592 23 Feb 2023 Direct F1
transaction TELA Common Stock Tax liability $13,650 -1,300 -2.5% $10.50 51,292 23 Feb 2023 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 TELA Stock Option (Right to Buy) Award $0 +27,700 $0.000000 27,700 23 Feb 2023 Common Stock 27,700 $10.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") will vest in four equal annual installments beginning on February 23, 2024, subject to the Reporting Person's continuous service through the applicable vesting dates.
F2 Shares withheld by the Issuer to satisfy applicable withholding taxes upon vesting of RSUs.
F3 The option vests 25% on February 23, 2024, with the remaining 75% vesting in equal monthly installments on the last day of each of the 36 calendar months immediately following such date, subject to the Reporting Person's continued service through the applicable vesting dates.