Paul Verrastro - 31 Jul 2023 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
31 Jul 2023
Net transactions value
-$19,629
Form type
4
Filing time
02 Aug 2023, 18:29:59 UTC
Previous filing
20 Jan 2023
Next filing
07 Aug 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 $19,279 +3,750 $5.14 3,750 31 Jul 2023 Direct
transaction CVRX Common Stock Sale $19,629 -1,122 -30% $17.49 2,628 31 Jul 2023 Direct F1
transaction CVRX Common Stock Gift $0 -2,000 -76% $0.000000 628 02 Aug 2023 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 CVRX Stock Option (right to buy) Options Exercise $19,279 -3,750 -4.4% $5.14 80,806 31 Jul 2023 Common Stock 3,750 $5.14 Direct F2
* 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 3,750 shares of common stock of CVRx, Inc. sold by the reporting person in multiple transactions on July 31, 2023 with sale prices ranging from $17.47 to $17.585 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 Vests as to 25% of the shares on January 4, 2022 and vests as to 1/48th of the shares each month thereafter.