Raul Parra Jr. - 24 May 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
24 May 2021
Net transactions value
-$282,950
Form type
4
Filing time
26 May 2021, 17:24:18 UTC
Next filing
10 Sep 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 $16,050 +1,000 +43% $16.05* 3,343 24 May 2021 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $17,270 +1,000 +30% $17.27* 4,343 24 May 2021 Direct
transaction MMSI Common Stock, No Par Value Sale $126,320 -2,000 -46% $63.16 2,343 24 May 2021 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $16,050 +1,000 +43% $16.05* 3,343 25 May 2021 Direct
transaction MMSI Common Stock, No Par Value Options Exercise $112,800 +4,000 +120% $28.20 7,343 25 May 2021 Direct
transaction MMSI Common Stock, No Par Value Sale $318,800 -5,000 -68% $63.76 2,343 25 May 2021 Direct F1
holding MMSI Common Stock, No Par Value 2,906 24 May 2021 By 401(k) Plan F2

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 -1,000 -100% $0.000000* 0 24 May 2021 Common Stock 1,000 $17.27 Direct F3
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -1,000 -50% $0.000000 1,000 24 May 2021 Common Stock 1,000 $16.05 Direct F4
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -4,000 -67% $0.000000 2,000 25 May 2021 Common Stock 4,000 $28.20 Direct F5
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -1,000 -100% $0.000000* 0 25 May 2021 Common Stock 1,000 $16.05 Direct F4
holding MMSI Non-qualified stock options (right to buy) 8,000 24 May 2021 Common Stock 8,000 $44.80 Direct F6
holding MMSI Non-qualified stock options (right to buy) 30,000 24 May 2021 Common Stock 30,000 $55.73 Direct F7
holding MMSI Non-qualified stock options (right to buy) 16,722 24 May 2021 Common Stock 16,722 $37.71 Direct F8
holding MMSI Non-qualified stock options (right to buy) 9,681 24 May 2021 Common Stock 9,681 $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 $63.75 to $63.87, 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 Represents plan holdings as of 05/26/2021.
F3 Becomes exercisable in equal annual installments of 20% commencing 02/03/2016.
F4 Becomes exercisable in equal annual installments of 20% commencing 01/28/2017.
F5 Becomes exercisable in equal annual installments of 20% commencing 04/14/2018.
F6 Becomes exercisable in equal annual installments of 20% commencing 03/02/2019.
F7 Becomes exercisable in equal annual installments of 20% commencing 03/01/2020.
F8 Becomes exercisable in equal annual installments of 25% commencing 02/26/2021. Prior reports incorrectly listed 02/26/2020 as the date exercisable.
F9 Becomes exercisable in equal annual installments of 25% commencing 03/19/2022.