William Hoffman - May 28, 2024 Form 4 Insider Report for Inari Medical, Inc. (NARI)

Role
Director
Signature
/s/ Shannon Trevino, attorney-in-fact for William Hoffman
Stock symbol
NARI
Transactions as of
May 28, 2024
Transactions value $
-$3,007,800
Form type
4
Date filed
5/30/2024, 07:10 PM
Previous filing
May 17, 2024
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NARI Common Stock Sale -$3.01M -60K -6.48% $50.13 865K May 28, 2024 Direct F1, F2
* 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 transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $50.00 to $50.34. 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.