Fred P. Lampropoulos - Feb 26, 2022 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Feb 26, 2022
Transactions value $
-$509,315
Form type
4
Date filed
3/1/2022, 07:01 PM
Previous filing
Sep 10, 2021
Next filing
Aug 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Award $0 +17.7K +1.83% $0.00 986K Feb 26, 2022 Direct F1
transaction MMSI Common Stock, No Par Value Tax liability -$509K -7.83K -0.79% $65.03 978K Feb 28, 2022 Direct
holding MMSI Common Stock, No Par Value 96.4K Feb 26, 2022 By 401(k) Plan F2
holding MMSI Common Stock, No Par Value 3.86K Feb 26, 2022 By spouse
holding MMSI Common Stock, No Par Value 90 Feb 26, 2022 By spouse as custodian for child

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) Award $0 +48.6K $0.00 48.6K Feb 26, 2022 Common Stock 48.6K $65.03 Direct F3
holding MMSI Non-qualified stock options (right to buy) 50K Feb 26, 2022 Common Stock 50K $16.05 Direct F4
holding MMSI Non-qualified stock options (right to buy) 6K Feb 26, 2022 Common Stock 6K $16.05 See footnote F5
holding MMSI Non-qualified stock options (right to buy) 200K Feb 26, 2022 Common Stock 200K $28.20 Direct F6
holding MMSI Non-qualified stock options (right to buy) 6K Feb 26, 2022 Common Stock 6K $28.20 See footnote F7
holding MMSI Non-qualified stock options (right to buy) 38K Feb 26, 2022 Common Stock 38K $44.80 Direct F8
holding MMSI Non-qualified stock options (right to buy) 4K Feb 26, 2022 Common Stock 4K $44.80 See footnote F9
holding MMSI Non-qualified stock options (right to buy) 159K Feb 26, 2022 Common Stock 159K $55.73 Direct F10
holding MMSI Non-qualified stock options (right to buy) 2K Feb 26, 2022 Common Stock 2K $55.73 See footnote F11
holding MMSI Non-qualified stock options (right to buy) 100K Feb 26, 2022 Common Stock 100K $37.71 Direct F12
holding MMSI Non-qualified stock options (right to buy) 58.1K Feb 26, 2022 Common Stock 58.1K $56.25 Direct F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired upon a determination of the Company's Compensation and Talent Development Committee and Board of Directors that certain conditions had been met for the issuance of such shares pursuant to performance stock units that were granted on 02/26/2020.
F2 Represents plan holdings as of 02/28/2022.
F3 Becomes exercisable in equal annual installments of 25% commencing 2/28/2023.
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.