Ph Hsiao Jane - Jun 30, 2021 Form 4 Insider Report for ASENSUS SURGICAL, INC. (ASXC)

Role
Director
Signature
/s/ Joshua Weingard, as attorney-in-fact for Jane H. Hsiao
Stock symbol
ASXC
Transactions as of
Jun 30, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 07:06 PM
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASXC Common Stock Award $0 +29.2K +9.5% $0.00 337K Jul 1, 2021 Direct F1, F2
holding ASXC Common Stock 96.7K Jun 30, 2021 Hsu Gamma Investments, L.P. F3

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 F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"). Each RSU represents the right to receive one share of the Registrant's common stock.
F2 Forfeiture restrictions will lapse on the RSUs on the first anniversary of the date of grant, provided that if the date of the 2022 annual meeting of stockholders is earlier, the restrictions will lapse on the date of the annual meeting.
F3 The Reporting Person is the general partner of Hsu Gama Investments, LP.
F4 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.
F5 The award is fully exercisable six months after the grant date, subject to earlier acceleration as approved by the Board of Directors.