Shameze Rampertab - Jul 1, 2021 Form 4 Insider Report for ASENSUS SURGICAL, INC. (ASXC)

Role
EVP, Chief Financial Officer
Signature
/s/ Joshua Weingard, as attorney-in-fact for Shameze Rampertab
Stock symbol
ASXC
Transactions as of
Jul 1, 2021
Transactions value $
-$13,355
Form type
4
Date filed
7/2/2021, 07:14 PM
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASXC Common Stock Options Exercise $0 +16.7K $0.00 16.7K Jul 1, 2021 Direct F1
transaction ASXC Common Stock Tax liability -$13.4K -4.56K -27.35% $2.93* 12.1K Jul 1, 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 -10K -33.33% $0.00 20K Jul 1, 2021 Common Stock 10K $0.00 Direct F2, F3
transaction ASXC Restricted Stock Units Options Exercise $0 -6.67K -33.34% $0.00 13.3K Jul 1, 2021 Common Stock 6.67K $0.00 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.