Harry Kovelman - Jul 5, 2023 Form 4 Insider Report for MYOMO, INC. (MYO)

Signature
/s/ David A. Henry, Attorney-in-Fact
Stock symbol
MYO
Transactions as of
Jul 5, 2023
Transactions value $
$65
Form type
4
Date filed
7/5/2023, 04:54 PM
Previous filing
Jun 30, 2023
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MYO Common Stock Tax liability $65.40 +109 +0.08% $0.60 141K Jul 5, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares sold on July 5, 2023 solely to pay income taxes resulting from the vesting of restricted stock units on July 2, 2023. Transaction was completed based on an irrevocable election made by the Reporting Person in conjunction with the original grant in November 2020.