Nicholas Sheridan Lewin - 13 Nov 2023 Form 4 Insider Report for ESTABLISHMENT LABS HOLDINGS INC. (ESTA)

Role: Director
Signature: /s/ Rajbir S. Denhoy, Chief Financial Officer, by power of attorney
Issuer symbol: ESTA
Transactions as of: 13 Nov 2023
Net transactions value: +$4,500,000
Form type: 4
Filing time: 15 Nov 2023, 08:01:22 UTC
Previous filing: 25 Oct 2023
Next filing: 21 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ESTA	Common Shares	Options Exercise	$4,500,000	+250,000	+31%	$18.00	1,062,888	13 Nov 2023	Direct
holding	ESTA	Common Shares						9,190	13 Nov 2023	See Footnote	F1

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	ESTA	Stock Option (Right to buy)	Options Exercise	$0	-250,000	-100%	$0.000000^*	0	13 Nov 2023	Common Shares	250,000	$18.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares are held by the Reporting Person's spouse.
F2	The option, originally for 250,000 shares, vested as to one-fourth of the shares on July 18, 2019, and each subsequent one-year anniversary thereafter.