Ramin Akhavan - Mar 7, 2023 Form 4 Insider Report for DermTech, Inc. (DMTK)

Signature
/s/ Mo Tashakor, attorney-in-fact
Stock symbol
DMTK
Transactions as of
Mar 7, 2023
Transactions value $
-$27,409
Form type
4
Date filed
3/9/2023, 07:01 PM
Previous filing
Jan 6, 2023
Next filing
Jun 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DMTK Common Stock Sale -$27.4K -6.75K -7.41% $4.06 84.3K Mar 7, 2023 Direct F1, F2
transaction DMTK Common Stock Award $0 +66.9K +79.32% $0.00 151K Mar 7, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were sold by the reporting person to generate proceeds used to satisfy the tax withholding obligation that arose upon the vesting of certain restricted stock units granted to the reporting person on March 23, 2022.
F2 Includes 1,361 shares acquired under the Issuer's Employee Stock Purchase Plan on February 28, 2023.
F3 The securities awarded are in the form of restricted stock units issued pursuant to the issuer's 2020 Equity Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of issuer common stock. Subject to the reporting person's continued service, (i) three thirty-sixths (3/36) of the restricted stock units shall vest on June 5, 2023 and (ii) the remaining thirty-three thirty-sixths (33/36) shall vest in eleven (11) equal installments of three thirty-sixths (3/36) on the fifth day of each third month following June 5, 2023 until the final vesting date on March 5, 2026.