Thomas Sandgaard - 05 May 2023 Form 4 Insider Report for ZYNEX INC (ZYXI)

Signature
/s/ Thomas Sandgaard
Issuer symbol
ZYXI
Transactions as of
05 May 2023
Net transactions value
-$5,744
Form type
4
Filing time
05 May 2023, 18:25:59 UTC
Previous filing
02 May 2023
Next filing
11 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZYXI Common Stock (Restricted Stock Award) Award $0 +2,495 +11% $0.000000 25,374 05 May 2023 Direct F1, F2
transaction ZYXI Common Stock Tax liability $5,744 -613 -0% $9.37 14,990,933 05 May 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock award issued pursuant to the Issuer's 2017 Stock Incentive Plan (the "Plan") pursuant to which the 2,495 shares vest equally, on an quarterly basis, over a period of two years beginning one quarter from the grant date.
F2 Represents restricted stock awards under the Plan, which have not vested.
F3 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of Restricted Stock Awards ("RSAs") and does not represent a sale.