A. Scott Anderson - 17 May 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
Director
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
17 May 2021
Net transactions value
-$305,429
Form type
4
Filing time
20 May 2021, 08:40:36 UTC
Next filing
21 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Options Exercise $282,000 +15,000 +80% $18.80 33,762 17 May 2021 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $516,000 +15,000 +44% $34.40 48,762 17 May 2021 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $304,050 +15,000 +31% $20.27 63,762 17 May 2021 Direct
transaction MMSI Common Stock, No Par Value Sale $1,407,479 -23,779 -37% $59.19 39,983 17 May 2021 Direct 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 MMSI Non-qualified stock options (right to buy) Options Exercise $0 -15,000 -100% $0.000000* 0 17 May 2021 Common Stock 15,000 $20.27 Direct F2
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -15,000 -75% $0.000000 5,000 17 May 2021 Common Stock 15,000 $18.80 Direct F3
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -15,000 -60% $0.000000 10,000 17 May 2021 Common Stock 15,000 $34.40 Direct F4
holding MMSI Non-qualified stock options (right to buy) 25,000 17 May 2021 Common Stock 25,000 $50.50 Direct F5
holding MMSI Non-qualified stock options (right to buy) 13,750 17 May 2021 Common Stock 13,750 $52.17 Direct F6
holding MMSI Non-qualified stock options (right to buy) 7,500 17 May 2021 Common Stock 7,500 $52.17 Direct F7
holding MMSI Restricted Stock Unit 4,188 17 May 2021 Common Stock 4,188 Direct F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.00 to $59.51, inclusive. The reporting person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
F2 Becomes exercisable in equal annual installments of 20% commencing 05/22/2016.
F3 Becomes exercisable in equal annual installments of 20% commencing 05/26/2017.
F4 Becomes exercisable in equal annual installments of 20% commencing 05/24/2018.
F5 Becomes exercisable in equal annual installments of 20% commencing 06/07/2019.
F6 Becomes exercisable in equal annual installments of 33% commencing 05/24/2020.
F7 Becomes exercisable in equal annual installments of 33% commencing 05/31/2020.
F8 Each restricted stock unit represents a contingent right to receive one share of the issuer's Common Stock upon vesting.
F9 Each restricted stock unit vests on June 22, 2021 subject to continued service to the issuer through the vesting date.