Vivek Jain - Feb 12, 2024 Form 4 Insider Report for ICU MEDICAL INC/DE (ICUI)

Role
Chairman and CEO, Director
Signature
By: Paula Darbyshire, Attorney-in-fact For: Vivek Jain
Stock symbol
ICUI
Transactions as of
Feb 12, 2024
Transactions value $
-$211
Form type
4
Date filed
2/14/2024, 04:23 PM
Previous filing
Jul 14, 2023
Next filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICUI Common Stock Options Exercise $8.6M +146K +618.18% $58.79 170K Feb 12, 2024 Direct
transaction ICUI Common Stock Tax liability -$8.61M -82.7K -48.65% $104.02 87.3K Feb 12, 2024 Direct F1, F2
transaction ICUI Common Stock Options Exercise $3.88M +66K +110% $58.79 126K Feb 12, 2024 by Trust
transaction ICUI Common Stock Tax liability -$3.88M -37.3K -29.6% $104.02 88.7K Feb 12, 2024 by Trust F1, F3

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 ICUI Non-Qualified Stock Option (right to buy) Options Exercise $0 -146K -100% $0.00* 0 Feb 12, 2024 Common Stock 146K $58.79 Direct F4
transaction ICUI Non-Qualified Stock Option (right to buy) Options Exercise $0 -66K -100% $0.00* 0 Feb 12, 2024 Common Stock 66K $58.79 by Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Jain (the Registrant) was personally responsible for cash tax obligations of approximately $5 million in total related to all net exercises reported on this Form 4, shares were not traded in lieu of taxes paid.
F2 Represents a "net exercise" of outstanding stock options. The reporting person received 63,641 shares of common stock on net exercise of option to purchase 146,366 shares of common stock. The company withheld 82,725 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on February 12, 2024 of $104.02.
F3 Represents a "net exercise" of outstanding stock options. The trusts received 28,698 shares of common stock on net exercise of option to purchase 66,000 shares of common stock. The company withheld 37,302 shares of common stock underlying the option for payment of the exercise price, using the closing stock price on February 12, 2024 of $104.02.
F4 These non-qualified stock options were granted on 2/24/2014 with a ten year life with an expiration date of 2/24/2024.