Paul Ginocchio - Aug 15, 2024 Form 4 Insider Report for Augmedix, Inc. (AUGX)

Signature
/s/ Todd Holvick, Attorney-in-Fact
Stock symbol
AUGX
Transactions as of
Aug 15, 2024
Transactions value $
-$5,337
Form type
4
Date filed
8/19/2024, 09:27 PM
Previous filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUGX Common Stock Options Exercise +6.25K +4.74% 138K Aug 15, 2024 Direct F1
transaction AUGX Common Stock Tax liability -$5.34K -2.35K -1.7% $2.27 136K Aug 15, 2024 Direct

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 AUGX Restricted Stock Units Options Exercise $0 -6.25K -6.67% $0.00 87.5K Aug 15, 2024 Common Stock 6.25K Direct F1, F2
* 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 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Issuer's common stock.
F2 Represents an original award of 100,000 RSUs to acquire shares of the Company's common stock. One-sixteenth (1/16th) of the RSU will vest quarterly in equal increments over four (4) years commencing on 02/15/2024, subject to the Reporting Person's provision of service to the Issuer on each vesting date. The RSU award vested with respect to one-sixteenth (1/16th) of the units on 08/15/2024.