William Andrew Macan - Feb 5, 2024 Form 4 Insider Report for Neuronetics, Inc. (STIM)

Signature
/s/ W. Andrew Macan
Stock symbol
STIM
Transactions as of
Feb 5, 2024
Transactions value $
-$18,255
Form type
4
Date filed
2/7/2024, 05:42 PM
Previous filing
Dec 21, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STIM Common Stock Award $0 +90K +25.81% $0.00 439K Feb 5, 2024 Direct F1, F2
transaction STIM Common Stock Sale -$18.3K -5.39K -1.23% $3.39 433K Feb 6, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a restricted stock unit ("RSU") award that vests in three equal annual installments beginning on February 5, 2025, in each case subject to continuous service of the Reporting Person through such date.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The sales reported in this Form 4 were non-discretionary sales to satisfy the Reporting Person's tax withholding obligation upon vesting of a portion of a RSU award.
F4 The price reported is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $3.22 to $3.51. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.