Neil W. Peterson - 27 Feb 2025 Form 4 Insider Report for MERIT MEDICAL SYSTEMS INC (MMSI)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Brian G. Lloyd, Attorney-in-Fact
Issuer symbol
MMSI
Transactions as of
27 Feb 2025
Net transactions value
-$419,118
Form type
4
Filing time
03 Mar 2025, 20:26:22 UTC
Previous filing
07 Nov 2024
Next filing
04 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMSI Common Stock, No Par Value Award $0 +11,533 +78% $0.000000 26,352 27 Feb 2025 Direct F1
transaction MMSI Common Stock, No Par Value Tax liability $419,118 -4,255 -16% $98.50 22,097 27 Feb 2025 Direct F2
transaction MMSI Common Stock, No Par Value Award $0 +6,272 +28% $0.000000 28,369 28 Feb 2025 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
holding MMSI Non-qualified stock options (right to buy) 15,000 27 Feb 2025 Common Stock 15,000 $54.40 Direct F4
holding MMSI Non-qualified stock options (right to buy) 25,000 27 Feb 2025 Common Stock 25,000 $68.33 Direct F5
holding MMSI Non-qualified stock options (right to buy) 13,576 27 Feb 2025 Common Stock 13,576 $70.58 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 02.28.2022.
F2 The Reporting Person surrendered 4,255 shares of common stock to the Issuer for payroll taxes. No shares were sold in the open market.
F3 Represents a grant of restricted stock units ("RSUs"). The RSUs vest in three equal annual installments on each of the first three 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 Becomes exercisable in equal annual installments of 20% commencing 04/25/2020.
F5 Becomes exercisable in equal annual installments of 25% commencing 08/19/2022.
F6 Becomes exercisable in equal annual installments of 25% commencing 2/28/2024.