Joseph Wright - Nov 7, 2022 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
CHIEF COMMERCIAL OFFICER
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Nov 7, 2022
Transactions value $
-$349,864
Form type
4
Date filed
11/9/2022, 08:45 PM
Previous filing
Aug 17, 2022
Next filing
Mar 2, 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 $241K +15K +88.07% $16.05* 32K Nov 7, 2022 Direct
transaction MMSI Common Stock, No Par Value Tax liability -$591K -8.6K -26.84% $68.70 23.4K Nov 7, 2022 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 -15K -100% $0.00* 0 Nov 7, 2022 Common Stock 15K $16.05 Direct F2
holding MMSI Non-qualified stock options (right to buy) 8.09K Nov 7, 2022 Common Stock 8.09K $65.03 Direct F3
holding MMSI Non-qualified stock options (right to buy) 25K Nov 7, 2022 Common Stock 25K $28.20 Direct F4
holding MMSI Non-qualified stock options (right to buy) 25K Nov 7, 2022 Common Stock 25K $44.80 Direct F5
holding MMSI Non-qualified stock options (right to buy) 30K Nov 7, 2022 Common Stock 30K $55.73 Direct F6
holding MMSI Non-qualified stock options (right to buy) 16.7K Nov 7, 2022 Common Stock 16.7K $37.71 Direct F7
holding MMSI Non-qualified stock options (right to buy) 9.68K Nov 7, 2022 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 Reporting Person surrendered 8,597 shares of common stock to the Issuer for payroll taxes and payment of the option price. No shares were sold in the open market.
F2 Becomes exercisable in equal annual installments of 20% commencing on 01/28/2017.
F3 Becomes exercisable in equal annual installments of 25% commencing 02/28/2023.
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.