Ronald Frost - Jun 15, 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Jun 15, 2021
Transactions value $
-$389,454
Form type
4
Date filed
6/16/2021, 07:40 PM
Next filing
Mar 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Options Exercise $345K +20K +853.61% $17.27* 22.3K Jun 15, 2021 Direct
transaction MMSI Common Stock, No Par Value Sale -$735K -11.9K -53.2% $61.82 10.5K Jun 15, 2021 Direct F1
holding MMSI Common Stock, No Par Value 16.3K Jun 15, 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 -20K -100% $0.00* 0 Jun 15, 2021 Common Stock 20K $17.27 Direct F3
holding MMSI Non-qualified stock options (right to buy) 20K Jun 15, 2021 Common stock 20K $16.05 Direct F4
holding MMSI Non-qualified stock options (right to buy) 50K Jun 15, 2021 Common Stock 50K $28.20 Direct F5
holding MMSI Non-qualified stock options (right to buy) 40K Jun 15, 2021 Common Stock 40K $44.80 Direct F6
holding MMSI Non-qualified stock options (right to buy) 30K Jun 15, 2021 Common Stock 30K $55.73 Direct F7
holding MMSI Non-qualified stock options (right to buy) 16.7K Jun 15, 2021 Common Stock 16.7K $37.71 Direct F8
holding MMSI Non-qualified stock options (right to buy) 9.68K Jun 15, 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 $61.71 to $61.96, 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 06/16/2021.
F3 Become exercisable in equal annual installments of 20% commencing 02/13/2016.
F4 Become exercisable in equal annual installments of 20% commencing 01/28/2017.
F5 Become exercisable in equal annual installments of 20% commencing 04/14/2018.
F6 Become exercisable in equal annual installments of 20% commencing 03/02/2019.
F7 Become exercisable in equal annual installments of 20% commencing 03/01/2020.
F8 Become exercisable in equal annual installments of 25% commencing 02/26/2021.
F9 Become exercisable in equal annual installments of 25% commencing 03/19/2022.