Andrea Biffi - Jun 30, 2021 Form 4 Insider Report for ASENSUS SURGICAL, INC. (ASXC)

Role
Director
Signature
/s/ Joshua Weingard, as attorney-in-fact for Andrea Biffi
Stock symbol
ASXC
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 07:04 PM
Next filing
Jun 15, 2022

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 ASXC Stock Option Award $0 +3.75K $0.00 3.75K Jun 30, 2021 Common Stock 3.75K $3.17 Direct F1, F2
transaction ASXC Stock Option Award $0 +35.5K $0.00 35.5K Jul 1, 2021 Common Stock 35.5K $2.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an equity award issued under the Registrant's Amended and Restated Incentive Compensation Plan in lieu of an annual cash retainer, paid quarterly in arrears for the quarter ended June 30, 2021
F2 The award is fully exercisable six months after the grant date, subject to earlier acceleration as approved by the Board of Directors.
F3 The stock options will vest on a quarterly basis over the one year following the date of grant, with the first vesting on the date of grant.