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

Role
CHIEF MKTG & STRAT OFFICER
Signature
/s/ Amy C. Seidel, Attorney-in-Fact
Issuer symbol
CVRX
Transactions as of
28 Nov 2022
Net transactions value
-$8,662
Form type
4
Filing time
30 Nov 2022, 16:55:03 UTC
Previous filing
04 Aug 2022
Next filing
20 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVRX Common Stock Options Exercise $46,269 +9,000 $5.14 9,000 28 Nov 2022 Direct
transaction CVRX Common Stock Sale $47,418 -4,000 -44% $11.85 5,000 28 Nov 2022 Direct F1
transaction CVRX Common Stock Sale $7,513 -600 -12% $12.52 4,400 28 Nov 2022 Direct F2
transaction CVRX Common Stock Gift $0 -4,400 -100% $0.000000* 0 30 Nov 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 -9,000 -9.6% $0.000000 84,556 28 Nov 2022 Common Stock 9,000 $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.