Shelley B. Thunen - 15 Dec 2023 Form 4 Insider Report for RxSight, Inc. (RXST)

Role
Chief Financial Officer
Signature
/s/ Shelley Thunen
Issuer symbol
RXST
Transactions as of
15 Dec 2023
Net transactions value
-$1,261,310
Form type
4
Filing time
18 Dec 2023, 19:09:15 UTC
Previous filing
16 Aug 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXST Common Stock Options Exercise $312,000 +20,000 +873% $15.60 22,291 15 Dec 2023 Direct F1
transaction RXST Common Stock Sale $786,984 -20,000 -90% $39.35 2,291 15 Dec 2023 Direct F2, F3
transaction RXST Common Stock Sale $393,120 -10,000 -21% $39.31 38,402 15 Dec 2023 See footnote F2, F4, F5
transaction RXST Common Stock Sale $393,206 -10,000 -26% $39.32 28,402 15 Dec 2023 See footnote F2, F5, F6

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 RXST Stock Option (right to buy) Options Exercise $0 -20,000 -21% $0.000000 76,805 15 Dec 2023 Common Stock 20,000 $15.60 Direct F7
* 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 Includes 1,177 shares of Common Stock acquired April 29, 2022, 415 shares of Common Stock acquired October 31, 2022, 412 shares of Common Stock acquired April 30, 2023 and 287 shares of Common Stock acquired October 31, 2023 under the Issuer's 2021 Employee Stock Purchase Plan.
F2 The sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on September 14, 2023 by the Reporting Person.
F3 Represents the weighted average share price of an aggregate total of 20,000 shares sold in the price range of $39.04 to $39.78 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Represents the weighted average share price of an aggregate total of 10,000 shares sold in the price range of $39.01 to $39.82 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Shares held by the Shelley B. Thunen Revocable Family Trust, as Amended, for which the Reporting Person serves as trustee.
F6 Represents the weighted average share price of an aggregate total of 10,000 shares sold in the price range of $39.06 to $39.82 by the Reporting Person. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F7 Subject to the Reporting Person continuing to be a Service Provider (as defined in the Issuer's 2015 Equity Incentive Plan, as amended) through each applicable date, one forty-eighth (1/48th) of the shares subject to the option shall vest each month following the Vesting Commencement Date on the same day of the month as the Vesting Commencement Date (and if there is no corresponding day, on the last day of the month). "Vesting Commencement Date" shall mean March 22, 2021.