Brian G. Lloyd - Aug 11, 2022 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
CHIEF LEGAL OFFICER, SECRETARY
Signature
/s/ Brian G. Lloyd
Stock symbol
MMSI
Transactions as of
Aug 11, 2022
Transactions value $
-$822,604
Form type
4
Date filed
8/15/2022, 06:42 PM
Previous filing
Mar 1, 2022
Next filing
Feb 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Options Exercise $843K +29.9K +336.15% $28.20 38.8K Aug 11, 2022 Direct
transaction MMSI Common Stock, No Par Value Sale -$1.66M -26.8K -69.11% $62.03 12K Aug 11, 2022 Direct F1
transaction MMSI Common Stock, No Par Value Options Exercise $2.9K +103 +0.86% $28.20 12.1K Aug 12, 2022 Direct
transaction MMSI Common Stock, No Par Value Sale -$5.77K -93 -0.77% $62.00 12K Aug 12, 2022 Direct
transaction MMSI Common Stock, No Par Value Gift $0 -640 -6.71% $0.00 8.89K Mar 30, 2022 Direct

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 -29.9K -99.66% $0.00 103 Aug 11, 2022 Common Stock 30K $28.20 Direct F2
transaction MMSI Non-qualified stock options (right to buy) Options Exercise $0 -103 -100% $0.00* 0 Aug 12, 2022 Common Stock 103 $28.20 Direct F2
holding MMSI Non-qualified stock options (right to buy) 9.68K Aug 11, 2022 Common Stock 9.68K $56.25 Direct F3
holding MMSI Non-qualified stock options (right to buy) 25K Aug 11, 2022 Common Stock 25K $44.80 Direct F4
holding MMSI Non-qualified stock options (right to buy) 30K Aug 11, 2022 Common Stock 30K $55.73 Direct F5
holding MMSI Non-qualified stock options (right to buy) 16.7K Aug 11, 2022 Common Stock 16.7K $37.71 Direct F6
holding MMSI Non-qualified stock options (right to buy) 8.09K Aug 11, 2022 Common Stock 8.09K $65.03 Direct F7
* 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 $62.00 to $62.13, 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 Become exercisable in equal annual installments of 20% commencing on 04/14/2018.
F3 Become exercisable in equal annual installments of 25% commencing on 03/19/2022.
F4 Become exercisable in equal annual installments of 20% commencing on 03/02/2019.
F5 Become exercisable in equal annual installments of 20% commencing on 03/01/2020.
F6 Become exercisable in equal annual installments of 25% commencing on 02/26/2021.
F7 Becomes exercisable in equal annual installments of 25% commencing 02/28/2023.