Fred P. Lampropoulos - Mar 4, 2024 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Stock symbol
MMSI
Transactions as of
Mar 4, 2024
Transactions value $
-$638,323
Form type
4
Date filed
3/6/2024, 12:43 PM
Previous filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Award $0 +24.6K +2.38% $0.00 1.06M Mar 4, 2024 Direct F3
transaction MMSI Common Stock, No Par Value Award $0 +19K +1.79% $0.00 1.08M Mar 4, 2024 Direct F4
transaction MMSI Common Stock, No Par Value Tax liability -$638K -8.34K -0.78% $76.51 1.07M Mar 4, 2024 Direct F5
holding MMSI Common Stock, No Par Value 9.23K Mar 4, 2024 By spouse F1
holding MMSI Common Stock, No Par Value 97.5K Mar 4, 2024 By 401(k) Plan F2
holding MMSI Common Stock, No Par Value 90 Mar 4, 2024 By spouse as custodian for child 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
holding MMSI Non-qualified stock options (right to buy) 38K Mar 4, 2024 Common Stock 38K $44.80 Direct F6
holding MMSI Non-qualified stock options (right to buy) 4K Mar 4, 2024 Common Stock 4K $44.80 By spouse F1, F7
holding MMSI Non-qualified stock options (right to buy) 159K Mar 4, 2024 Common Stock 159K $55.73 Direct F8
holding MMSI Non-qualified stock options (right to buy) 2K Mar 4, 2024 Common Stock 2K $55.73 By spouse F1, F9
holding MMSI Non-qualified stock options (right to buy) 100K Mar 4, 2024 Common Stock 100K $37.71 Direct F10
holding MMSI Non-qualified stock options (right to buy) 58.1K Mar 4, 2024 Common Stock 58.1K $56.25 Direct F11
holding MMSI Non-qualified stock options (right to buy) 54.3K Mar 4, 2024 Common Stock 54.3K $70.58 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents securities held by the spouse of the reporting person. The reporting person expressly disclaims beneficial ownership of the securities owned by his spouse.
F2 Represents plan holdings as of 3/4/2024.
F3 Represents a grant of restricted stock units ("RSUs"). The RSUs vest in four equal annual installments on each of the first four anniversaries of the grant date, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
F4 These shares were acquired upon a determination of the Company's Compensation and Talent Development Committee that certain conditions had been met for the issuance of such shares pursuant to performance stock units that were granted on 3/19/2021.
F5 Reflects shares of Common Stock surrendered by the Reporting Person to satisfy tax withholding obligations in connection with the issuance of the performance stock units. These shares were not sold in an open-market transaction.
F6 Becomes exercisable in equal annual installments of 20% commencing 3/2/2019.
F7 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/2/2019. Options not vested as of 6/22/2020 have been forfeited.
F8 Becomes exercisable in equal annual installments of 20% commencing 3/1/2020.
F9 Original grant of 10,000 options was to become vested and exercisable in equal annual installments of 20% commencing 3/1/2020. Options not vested as of 6/22/2020 have been forfeited.
F10 Becomes exercisable in equal annual installments of 25% commencing 2/26/2021.
F11 Becomes exercisable in equal annual installments of 25% commencing 3/19/2022.
F12 Becomes exercisable in equal annual installments of 25% commencing 2/28/2024.