Philip Ashman - 10 Jan 2024 Form 4 Insider Report for ALIMERA SCIENCES INC

Signature
/s/ Philip Ashman
Issuer symbol
N/A
Transactions as of
10 Jan 2024
Net transactions value
-$11,344
Form type
4
Filing time
11 Jan 2024, 12:49:45 UTC
Previous filing
28 Nov 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIM Common Stock Tax liability $11,344 -2,938 -2.2% $3.86 130,377 10 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's restricted common stock sold to satisfy tax obligations relating to the vesting of shares of the Issuer's restricted common stock previously awarded to the Reporting Person. Such sale was executed pursuant to the mandatory terms of the Issuer's restricted stock award agreement that are intended to permit such sale to comply with the requirements of Rule 10b5-1(c)(1)(i)(B) under the Exchange Act and be interpreted to comply with the requirements of Rule 10b5-1(c).
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.86 to $3.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.