Mark A. Augusti - Sep 5, 2023 Form 4 Insider Report for Conformis Inc (CFMS)

Role
FORMER PRESIDENT & CEO, Director
Signature
/s/ Denise E. Pedulla, Attorney-in-Fact for Mark A. Augusti
Stock symbol
CFMS
Transactions as of
Sep 5, 2023
Transactions value $
$0
Form type
4
Date filed
9/5/2023, 06:13 AM
Previous filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CFMS Common Stock Award $0 +17.8K +10.31% $0.00 190K Sep 5, 2023 Direct F1
transaction CFMS Common Stock Disposed to Issuer -190K -100% 0 Sep 5, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark A. Augusti is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents receipt of Common Stock upon settlement of performance-based vesting restricted stock units granted on July 27, 2021.
F2 The reported securities were disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 22, 2023, by and among Issuer, restor3d, Inc., a Delaware corporation ("restor3d"), and Cona Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of restor3d ("Merger Sub"). Immediately prior to effectiveness of the merger, each outstanding share of restricted stock vested in full. Upon effectiveness of the merger, in exchange for each share of Common Stock, the reporting person received $2.27 in cash, without interest and less applicable withholding taxes.