Joseph Wright - May 21, 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
PRESIDENT, INTERNATIONAL
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
May 21, 2021
Transactions value $
-$749,550
Form type
4
Date filed
5/24/2021, 03:30 PM
Previous filing
May 10, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Options Exercise $181K +15K +121.53% $12.06* 27.3K May 21, 2021 Direct
transaction MMSI Common Stock, No Par Value Sale -$930K -15K -54.86% $62.03 12.3K May 21, 2021 Direct F1
holding MMSI Common Stock, No Par Value 12.3K May 21, 2021 Direct

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 -15K -100% $0.00* 0 May 21, 2021 Common Stock 15K $12.06 Direct F2
holding MMSI Non-qualified stock options (right to buy) 10K May 21, 2021 Common Stock 10K $17.27 Direct F3
holding MMSI Non-qualified stock options (right to buy) 20K May 21, 2021 Common Stock 20K $16.05 Direct F4
holding MMSI Non-qualified stock options (right to buy) 25K May 21, 2021 Common Stock 25K $28.20 Direct F5
holding MMSI Non-qualified stock options (right to buy) 25K May 21, 2021 Common Stock 25K $44.80 Direct F6
holding MMSI Non-qualified stock options (right to buy) 30K May 21, 2021 Common Stock 30K $55.73 Direct F7
holding MMSI Non-qualified stock options (right to buy) 16.7K May 21, 2021 Common Stock 16.7K $37.71 Direct F8
holding MMSI Non-qualified stock options (right to buy) 9.68K May 21, 2021 Common Stock 9.68K $56.25 Direct 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 $62.00 to $62.15, 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 on 10/04/2015.
F3 Becomes exercisable in equal annual installments of 20% commencing on 02/13/2016.
F4 Becomes exercisable in equal annual installments of 20% commencing on 01/28/2017.
F5 Becomes exercisable in equal annual installments of 20% commencing on 04/14/2018.
F6 Becomes exercisable in equal annual installments of 20% commencing on 03/02/2019.
F7 Becomes exercisable in equal annual installments of 20% commencing on 03/01/2020.
F8 Becomes exercisable in equal annual installments of 25% commencing on 02/26/2021.
F9 Becomes exercisable in equal annual installments of 25% commencing on 03/19/2022.