Joseph Wright - Sep 15, 2021 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Sep 15, 2021
Transactions value $
-$547,400
Form type
4
Date filed
9/17/2021, 03:55 PM
Previous filing
May 24, 2021
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 $173K +10K +81.02% $17.27* 22.3K Sep 15, 2021 Direct
transaction MMSI Common Stock, No Par Value Sale -$720K -10K -44.76% $72.01 12.3K Sep 15, 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 -10K -100% $0.00* 0 Sep 15, 2021 Common Stock 10K $17.27 Direct F2
holding MMSI Non-qualified stock options (right to buy) 20K Sep 15, 2021 Common Stock 20K $16.05 Direct F3
holding MMSI Non-qualified stock options (right to buy) 25K Sep 15, 2021 Common Stock 25K $28.20 Direct F4
holding MMSI Non-qualified stock options (right to buy) 25K Sep 15, 2021 Common Stock 25K $44.80 Direct F5
holding MMSI Non-qualified stock options (right to buy) 30K Sep 15, 2021 Common Stock 30K $55.73 Direct F6
holding MMSI Non-qualified stock options (right to buy) 16.7K Sep 15, 2021 Common Stock 16.7K $37.71 Direct F7
holding MMSI Non-qualified stock options (right to buy) 9.68K Sep 15, 2021 Common Stock 9.68K $56.25 Direct F8
* 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 $72.00 to $72.12, 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 02/13/2016.
F3 Becomes exercisable in equal annual installments of 20% commencing on 01/28/2017.
F4 Becomes exercisable in equal annual installments of 20% commencing on 04/14/2018.
F5 Becomes exercisable in equal annual installments of 20% commencing on 03/02/2019.
F6 Becomes exercisable in equal annual installments of 20% commencing on 03/01/2020.
F7 Becomes exercisable in equal annual installments of 25% commencing on 02/26/2021.
F8 Becomes exercisable in equal annual installments of 25% commencing on 03/19/2022.