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

Signature
/s/ Brice Bobzien, attorney-in-fact
Stock symbol
IRTC
Transactions as of
Feb 27, 2023
Transactions value $
-$225,431
Form type
4
Date filed
3/1/2023, 05:09 PM
Previous filing
Mar 8, 2022
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRTC Common Stock Award $0 +8.35K +17.77% $0.00 55.4K Feb 27, 2023 Direct F1, F2, F3
transaction IRTC Common Stock Award $0 +3.47K +6.26% $0.00 58.8K Feb 27, 2023 Direct F4
transaction IRTC Common Stock Sale -$224K -1.9K -3.23% $117.83 56.9K Feb 28, 2023 Direct F5
transaction IRTC Common Stock Sale -$1.79K -15 -0.03% $119.28 56.9K Feb 28, 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.