Raul Parra Jr. - 26 Feb 2022 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
26 Feb 2022
Net transactions value
-$126,288
Form type
4
Filing time
01 Mar 2022, 19:03:12 UTC
Previous filing
10 Sep 2021
Next filing
16 Aug 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 +6,630 +283% $0.000000 8,973 26 Feb 2022 Direct F1
transaction MMSI Common Stock, No Par Value Tax liability $126,288 -1,942 -22% $65.03 7,031 28 Feb 2022 Direct
holding MMSI Common Stock, No Par Value 2,906 26 Feb 2022 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) Award $0 +14,570 $0.000000 14,570 26 Feb 2022 Common Stock 14,570 $65.03 Direct F3
holding MMSI Non-qualified stock options (right to buy) 9,681 26 Feb 2022 Common Stock 9,681 $56.25 Direct F4
holding MMSI Non-qualified stock options (right to buy) 2,000 26 Feb 2022 Common Stock 2,000 $28.20 Direct F5
holding MMSI Non-qualified stock options (right to buy) 4,000 26 Feb 2022 Common Stock 2,000 $44.80 Direct F6
holding MMSI Non-qualified stock options (right to buy) 30,000 26 Feb 2022 Common Stock 30,000 $55.73 Direct F7
holding MMSI Non-qualified stock options (right to buy) 16,722 26 Feb 2022 Common Stock 16,722 $37.71 Direct F8
* 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 02/28/2023.
F4 Becomes exercisable in equal annual installments of 25% commencing 03/19/2022.
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.