Rampertab Shameze - 01 Jul 2021 Form 4 Insider Report for ASENSUS SURGICAL, INC.

Role
EVP, Chief Financial Officer
Signature
/s/ Joshua Weingard, as attorney-in-fact for Shameze Rampertab
Issuer symbol
N/A
Transactions as of
01 Jul 2021
Net transactions value
-$13,355
Form type
4
Filing time
02 Jul 2021, 19:14:54 UTC
Next filing
07 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASXC Common Stock Options Exercise $0 +16,667 $0.000000 16,667 01 Jul 2021 Direct F1
transaction ASXC Common Stock Tax liability $13,355 -4,558 -27% $2.93* 12,109 01 Jul 2021 Direct

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 Restricted Stock Units Options Exercise $0 -10,000 -33% $0.000000 20,000 01 Jul 2021 Common Stock 10,000 $0.000000 Direct F2, F3
transaction ASXC Restricted Stock Units Options Exercise $0 -6,667 -33% $0.000000 13,333 01 Jul 2021 Common Stock 6,667 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Lapse of forfeiture restrictions on one third of the grant of the time-based restricted stock units ("RSUs") and on one third of the performance-based RSUs awarded on August 24, 2020.
F2 Each RSU represents the right to receive one share of the Registrant's common stock.
F3 Lapse of forfeiture restrictions on the 10,000 time-based RSUs from this grant made on August 24, 2020.
F4 Lapse of forfeiture restrictions on the 6,667 performance-based RSUs from this grant made on August 24, 2020.