William Hoffman - Dec 15, 2022 Form 4 Insider Report for Inari Medical, Inc. (NARI)

Role
President and CEO, Director
Signature
/s/ Angela Ahmad, attorney-in-fact for William Hoffman
Stock symbol
NARI
Transactions as of
Dec 15, 2022
Transactions value $
-$3,640,221
Form type
4
Date filed
12/16/2022, 04:37 PM
Previous filing
Nov 16, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NARI Common Stock Options Exercise $23.5K +55K +23.16% $0.43* 292K Dec 15, 2022 Direct F1
transaction NARI Common Stock Sale -$1.21M -18.2K -6.24% $66.05 274K Dec 15, 2022 Direct F1, F2
transaction NARI Common Stock Sale -$965K -14.4K -5.24% $67.14 260K Dec 15, 2022 Direct F1, F3
transaction NARI Common Stock Sale -$161K -2.38K -0.91% $67.77 257K Dec 15, 2022 Direct F1, F4
transaction NARI Common Stock Sale -$513K -7.76K -3.01% $66.05 250K Dec 15, 2022 Direct F1, F5
transaction NARI Common Stock Sale -$421K -6.27K -2.51% $67.15 243K Dec 15, 2022 Direct F1, F6
transaction NARI Common Stock Sale -$65.4K -965 -0.4% $67.76 242K Dec 15, 2022 Direct F1, F7
transaction NARI Common Stock Sale -$184K -2.79K -1.15% $66.05 240K Dec 15, 2022 Direct F1, F8
transaction NARI Common Stock Sale -$126K -1.87K -0.78% $67.17 238K Dec 15, 2022 Direct F1, F9
transaction NARI Common Stock Sale -$22.9K -338 -0.14% $67.83 237K Dec 15, 2022 Direct F1, F10

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 NARI Stock Options (Right to Buy) Options Exercise $0 -55K -40.3% $0.00 81.5K Dec 15, 2022 Common Stock 55K $0.43 Direct F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 15, 2022.
F2 This transaction was executed in multiple trades at prices ranging from $65.65 to $66.64. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $66.65 to $67.64. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $67.66 to $68.04. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 This transaction was executed in multiple trades at prices ranging from $65.65 to $66.64. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6 This transaction was executed in multiple trades at prices ranging from $66.65 to $67.64. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7 This transaction was executed in multiple trades at prices ranging from $67.66 to $67.91. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8 This transaction was executed in multiple trades at prices ranging from $65.65 to $66.64 The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F9 This transaction was executed in multiple trades at prices ranging from $66.66 to $67.59. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F10 This transaction was executed in multiple trades at prices ranging from $67.70 to $67.95. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F11 Option vested with respect to 25% of the underline shares on May 3, 2019 and vest with respect to the remaining shares in 36 equal monthly installments thereafter.