Mark J. Day - 27 Feb 2023 Form 4 Insider Report for iRhythm Technologies, Inc. (IRTC)

Role
Chief Technology Officer
Signature
/s/ Brice Bobzien, attorney-in-fact
Issuer symbol
IRTC
Transactions as of
27 Feb 2023
Net transactions value
-$225,431
Form type
4
Filing time
01 Mar 2023, 17:09:48 UTC
Previous filing
08 Mar 2022
Next filing
07 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRTC Common Stock Award $0 +8,354 +18% $0.000000 55,376 27 Feb 2023 Direct F1, F2, F3
transaction IRTC Common Stock Award $0 +3,468 +6.3% $0.000000 58,844 27 Feb 2023 Direct F4
transaction IRTC Common Stock Sale $223,641 -1,898 -3.2% $117.83 56,946 28 Feb 2023 Direct F5
transaction IRTC Common Stock Sale $1,789 -15 -0.03% $119.28 56,931 28 Feb 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2024 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Includes 303 shares acquired under the Issuer's employee stock purchase plan on May 31, 2022.
F3 Includes 14 shares acquired under the Issuer's employee stock purchase plan on November 30, 2022.
F4 Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance RSUs granted to the Reporting Person on February 25, 2020.
F5 These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs.

Remarks:

Exhibit 24 Power of Attorney.