Thomas Finnerty - 25 Feb 2022 Form 4 Insider Report for Anika Therapeutics, Inc. (ANIK)

Role: EVP, Human Resources
Signature: /s/ Thomas Finnerty
Issuer symbol: ANIK
Transactions as of: 25 Feb 2022
Net transactions value: -$55,039
Form type: 4
Filing time: 28 Feb 2022, 15:59:22 UTC
Previous filing: 11 Feb 2022
Next filing: 11 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANIK	Common Stock	Options Exercise	$0	+2,834	+15%	$0.000000	21,511	25 Feb 2022	Direct	F1
transaction	ANIK	Common Stock	Tax liability	$26,732	-832	-3.9%	$32.13	20,679	25 Feb 2022	Direct	F2, F3
transaction	ANIK	Common Stock	Options Exercise	$0	+3,000	+15%	$0.000000	23,679	26 Feb 2022	Direct	F4
transaction	ANIK	Common Stock	Tax liability	$28,307	-881	-3.7%	$32.13	22,798	26 Feb 2022	Direct	F3, F5

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	ANIK	Restricted Stock Unit	Options Exercise	$0	-2,834	-50%	$0.000000	2,833	25 Feb 2022	Common Stock	2,834	$0.000000	Direct	F6
transaction	ANIK	Restricted Stock Unit	Options Exercise	$0	-3,000	-100%	$0.000000^*	0	26 Feb 2022	Common Stock	3,000	$0.000000	Direct	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the second vesting installment of Restricted Stock Units (RSUs) granted on February 25, 2020.
F2	Reflects an aggregate of 832 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to RSUs that vested on February 25, 2022.
F3	Reflects the closing price of ANIK common stock on February 25, 2022, the trading day on which the vesting of RSUs gave rise to tax withholding obligations.
F4	Reflects the third vesting installment of RSUs granted on February 26, 2019.
F5	Reflects an aggregate of 881 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to RSUs that vested on February 26, 2022.
F6	Each RSU represents the contingent right to receive one share of the Company's common stock. The RSUs vest in three equal annual installments beginning February 25, 2021.
F7	Each RSU represents the contingent right to receive one share of the Company's common stock. The RSUs vest in three equal annual installments beginning February 26, 2020.