William Hoffman - May 15, 2023 Form 4 Insider Report for Inari Medical, Inc. (NARI)

Role
Director
Signature
/s/ Angela Ahmad, attorney-in-fact for William Hoffman
Stock symbol
NARI
Transactions as of
May 15, 2023
Transactions value $
-$7,496,523
Form type
4
Date filed
5/18/2023, 08:18 PM
Previous filing
Apr 19, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NARI Common Stock Sale -$191K -2.74K -0.22% $69.76 1.22M May 15, 2023 Direct F1, F2
transaction NARI Common Stock Sale -$592K -8.43K -0.69% $70.25 1.22M May 15, 2023 Direct F1, F3
transaction NARI Common Stock Sale -$273K -3.84K -0.32% $71.23 1.21M May 15, 2023 Direct F1, F4
transaction NARI Common Stock Sale -$147K -2.11K -0.17% $69.80 1.21M May 15, 2023 Direct F1, F5
transaction NARI Common Stock Sale -$445K -6.29K -0.52% $70.80 1.2M May 15, 2023 Direct F1, F6
transaction NARI Common Stock Sale -$114K -1.6K -0.13% $71.30 1.2M May 15, 2023 Direct F1, F7
transaction NARI Common Stock Sale -$129K -1.83K -0.15% $70.87 1.2M May 16, 2023 Direct F8, F9
transaction NARI Common Stock Sale -$2.68M -37.8K -3.15% $70.87 1.16M May 16, 2023 Direct F8, F10
transaction NARI Common Stock Sale -$24.2K -342 -0.03% $70.87 1.16M May 16, 2023 Direct F8
transaction NARI Common Stock Sale -$2.48M -35.9K -3.09% $69.19 1.13M May 17, 2023 Direct F8, F11
transaction NARI Common Stock Sale -$406K -5.87K -0.52% $69.19 1.12M May 17, 2023 Direct F8, F12
transaction NARI Common Stock Sale -$7.89K -114 -0.01% $69.19 1.12M May 17, 2023 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 $69.08 to $70.07. 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 $70.08 to $71.07. 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 $71.08 to $71.50. 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 $69.18 to $70.15. 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 $70.20 to $71.18. 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 $71.21 to $71.50. 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 Represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the distribution and settlement of previously vested Restricted Stock Units (RSUs). The sale to cover transactions were irrevocably agreed to in writing by the Reporting Person prior to the distribution of the RSUs to satisfy the tax withholding obligations and do not represent a discretionary transaction by the Reporting Person.
F9 This transaction was executed in multiple trades at prices ranging from $69.07 to $69.96. 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 $70.27 to $71.25. 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 This transaction was executed in multiple trades at prices ranging from $69.07 to $69.96. 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.
F12 This transaction was executed in multiple trades at prices ranging from $70.27 to $71.25. 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.