Paul Verrastro - Nov 28, 2022 Form 4 Insider Report for CVRx, Inc. (CVRX)

Role
CHIEF MKTG & STRAT OFFICER
Signature
/s/ Amy C. Seidel, Attorney-in-Fact
Stock symbol
CVRX
Transactions as of
Nov 28, 2022
Transactions value $
-$8,662
Form type
4
Date filed
11/30/2022, 04:55 PM
Previous filing
Aug 4, 2022
Next filing
Jan 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVRX Common Stock Options Exercise $46.3K +9K $5.14 9K Nov 28, 2022 Direct
transaction CVRX Common Stock Sale -$47.4K -4K -44.44% $11.85 5K Nov 28, 2022 Direct F1
transaction CVRX Common Stock Sale -$7.51K -600 -12% $12.52 4.4K Nov 28, 2022 Direct F2
transaction CVRX Common Stock Gift $0 -4.4K -100% $0.00* 0 Nov 30, 2022 Direct F3

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 CVRX Stock Option (right to buy) Options Exercise $0 -9K -9.62% $0.00 84.6K Nov 28, 2022 Common Stock 9K $5.14 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 4,000 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on November 28, 2022 with sale prices ranging from $11.51 to $12.49 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Reflects the weighted average price of 600 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on November 28, 2022 with sale prices ranging from $12.52 to $12.53 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Represents a gift of securities by the reporting person to his adult children who do not share the reporting person's household.
F4 Vests as to 25% of the shares on January 4, 2022 and vests as to 1/48th of the shares each month thereafter.