Scott R. Ward - Aug 12, 2022 Form 4 Insider Report for Cardiovascular Systems Inc (CSII)

Role
Chairman and CEO, Director
Signature
/s/ Andrew Nick as Attorney-in-Fact for Scott R. Ward pursuant to Power of Attorney previously filed.
Stock symbol
CSII
Transactions as of
Aug 12, 2022
Transactions value $
-$266,340
Form type
4
Date filed
8/16/2022, 08:56 PM
Previous filing
Aug 9, 2022
Next filing
Aug 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSII Common Stock Tax liability -$266K -16K -1.78% $16.64 884K Aug 12, 2022 Direct 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 CSII Restricted Stock Units 34.3K Aug 12, 2022 Common Stock 34.3K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of prior restricted stock grants by directing the Company to withhold shares otherwise issuable upon vesting of the previously reported grants.
F2 Each restricted stock unit represents the right to receive a payment from the Company equal in value to the market price per share of the Company's common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of the reporting person's board membership.