Fred P. Lampropoulos - 08 Sep 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
08 Sep 2021
Net transactions value
-$87,724
Form type
4
Filing time
10 Sep 2021, 17:42:53 UTC
Next filing
01 Mar 2022
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 $86,350 +5,000 +394% $17.27* 6,269 08 Sep 2021 By spouse F1
transaction MMSI Common Stock, No Par Value Tax liability $174,074 -2,410 -38% $72.23 3,859 08 Sep 2021 By spouse F1
holding MMSI Common Stock, No Par Value 967,916 08 Sep 2021 Direct
holding MMSI Common Stock, No Par Value 95,919 08 Sep 2021 By 401(k) Plan F2
holding MMSI Common Stock, No Par Value 90 08 Sep 2021 By spouse as custodian for child 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 -5,000 -100% $0.000000* 0 08 Sep 2021 Common Stock 5,000 $17.27 See footnote F1, F3
holding MMSI Non-qualified stock options (right to buy) 50,000 08 Sep 2021 Common Stock 50,000 $16.05 Direct F4
holding MMSI Non-qualified stock options (right to buy) 6,000 08 Sep 2021 Common Stock 6,000 $16.05 See footnote F1, F5
holding MMSI Non-qualified stock options (right to buy) 200,000 08 Sep 2021 Common Stock 200,000 $28.20 Direct F6
holding MMSI Non-qualified stock options (right to buy) 6,000 08 Sep 2021 Common Stock 6,000 $28.20 See footnote F1, F7
holding MMSI Non-qualified stock options (right to buy) 38,002 08 Sep 2021 Common Stock 38,002 $44.80 Direct F8
holding MMSI Non-qualified stock options (right to buy) 4,000 08 Sep 2021 Common Stock 4,000 $44.80 See footnote F1, F9
holding MMSI Non-qualified stock options (right to buy) 159,151 08 Sep 2021 Common Stock 159,151 $55.73 Direct F10
holding MMSI Non-qualified stock options (right to buy) 2,000 08 Sep 2021 Common Stock 2,000 $55.73 See footnote F1, F11
holding MMSI Non-qualified stock options (right to buy) 100,334 08 Sep 2021 Common Stock 100,334 $37.71 Direct F12
holding MMSI Non-qualified stock options (right to buy) 58,083 08 Sep 2021 Common Stock 58,083 $56.25 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by the spouse of the reporting person. The reporting person expressly disclaims beneficial ownership of the securities owned by his spouse.
F2 Represents plan holdings as of 9/10/2021.
F3 Became exercisable in equal annual installments of 20% commencing 2/13/2016.
F4 Became exercisable in equal annual installments of 20% commencing 1/28/2017.
F5 Original grant of 7,500 options was to become vested and exercisable in equal annual installments of 20% commencing 1/28/2017. Options not vested as of 6/22/2020 have been forfeited.
F6 Becomes exercisable in equal annual installments of 20% commencing 4/14/2018.
F7 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 4/14/2018. Options not vested as of 6/22/2020 have been forfeited.
F8 Becomes exercisable in equal annual installments of 20% commencing 3/2/2019.
F9 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/2/2019. Options not vested as of 6/22/2020 have been forfeited.
F10 Becomes exercisable in equal annual installments of 20% commencing 3/1/2020.
F11 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/1/2020. Options not vested as of 6/22/2020 have been forfeited.
F12 Becomes exercisable in equal annual installments of 25% commencing 2/26/2021.
F13 Becomes exercisable in equal annual installments of 25% commencing 3/19/2022.