Andrea Biffi - Jun 17, 2022 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 17, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/22/2022, 05:30 PM
Previous filing: Jun 15, 2022
Next filing: Mar 7, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASXC	Common Stock	Other	$0	+1.48M		$0.00	1.48M	Jun 17, 2022	See footnote	F1
holding	ASXC	Common Stock						200K	Jun 17, 2022	Direct

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

Explanation of Responses:

Id	Content
F1	These shares were distributed to Three Heads Investment S.R.L. in a corporate division transaction effected by SOFAR S.P.A. The reporting person is the sole director of Three Heads Investment S.R.L., and remains the CEO of SOFAR S.P.A. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Content

These shares were distributed to Three Heads Investment S.R.L. in a corporate division transaction effected by SOFAR S.P.A. The reporting person is the sole director of Three Heads Investment S.R.L., and remains the CEO of SOFAR S.P.A. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.