Joseph P. Pellegrino Jr. - 29 Feb 2024 Form 4 Insider Report for LEMAITRE VASCULAR INC (LMAT)

Signature
/s/ David C. Hissong
Issuer symbol
LMAT
Transactions as of
29 Feb 2024
Net transactions value
-$1,373,994
Form type
4
Filing time
04 Mar 2024, 21:38:18 UTC
Previous filing
21 Dec 2023
Next filing
01 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMAT Common Stock Options Exercise $108,329 +3,461 +36% $31.30 12,996 29 Feb 2024 Direct F1
transaction LMAT Common Stock Options Exercise $205,749 +8,733 +67% $23.56 21,729 29 Feb 2024 Direct F1
transaction LMAT Common Stock Options Exercise $208,729 +5,883 +27% $35.48 27,612 29 Feb 2024 Direct F1
transaction LMAT Common Stock Options Exercise $199,352 +5,346 +19% $37.29 32,958 29 Feb 2024 Direct F1
transaction LMAT Common Stock Options Exercise $341,707 +7,031 +21% $48.60 39,989 29 Feb 2024 Direct F1
transaction LMAT Common Stock Options Exercise $161,862 +3,430 +8.6% $47.19 43,419 29 Feb 2024 Direct F1
transaction LMAT Common Stock Sale $135,680 -1,979 -4.6% $68.56 41,440 29 Feb 2024 Direct F2
transaction LMAT Common Stock Sale $1,984,415 -28,461 -69% $69.72 12,979 29 Feb 2024 Direct F3
transaction LMAT Common Stock Sale $439,188 -6,250 -48% $70.27 6,729 29 Feb 2024 Direct F4
transaction LMAT Common Stock Sale $19,720 -277 -4.1% $71.19 6,452 29 Feb 2024 Direct
transaction LMAT Common Stock Options Exercise $0 -2 -0.03% $0.000000 6,450 29 Feb 2024 Direct F5
transaction LMAT Common Stock Award $0 +2,649 +41% $0.000000 9,099 29 Feb 2024 Direct F6, F7
transaction LMAT Common Stock Options Exercise $0 +6 +0.07% $0.000000 9,105 29 Feb 2024 Direct F8
transaction LMAT Common Stock Tax liability $20,720 -296 -3.3% $70.00 8,809 29 Feb 2024 Direct F9

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 LMAT Stock Option (Right to Buy) Options Exercise $0 -3,461 -100% $0.000000* 0 29 Feb 2024 Common Stock 3,461 $31.30 Direct F10
transaction LMAT Stock Option (Right to Buy) Options Exercise $0 -8,733 -100% $0.000000* 0 29 Feb 2024 Common Stock 8,733 $23.56 Direct F10
transaction LMAT Stock Option (Right to Buy) Options Exercise $0 -5,883 -67% $0.000000 2,941 29 Feb 2024 Common Stock 5,883 $35.48 Direct F11
transaction LMAT Stock Option (Right to Buy) Options Exercise $0 -5,346 -50% $0.000000 5,345 29 Feb 2024 Common Stock 5,346 $37.29 Direct F11
transaction LMAT Stock Option (Right to Buy) Options Exercise $0 -7,031 -50% $0.000000 7,030 29 Feb 2024 Common Stock 7,031 $48.60 Direct F11
transaction LMAT Stock Option (Right to Buy) Options Exercise $0 -3,430 -25% $0.000000 10,291 29 Feb 2024 Common Stock 3,430 $47.19 Direct F11
transaction LMAT Dividend Equivalent Rights Options Exercise $0 -7 -25% $0.000000 20 29 Feb 2024 Common Stock 7 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon exercise of options by the Reporting Person, as reported in Table II.
F2 The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $68.05 to $69.04. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.
F3 The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $69.05 to $70.045. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.
F4 The price reported in Column 4 is a weighted average price. The transaction was executed in multiple trades ranging from $70.05 to $70.62. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and price at which the transaction was effected.
F5 Represents shares from the release of fractional dividend equivalent rights returned to company.
F6 These shares represent LMAT common stock acquired on February 29, 2024, upon settlement of a Performance Share Unit (PSU) award granted on December 12, 2022. The PSU award vests as follows: 25% upon determination by the Compensation Committee and the balance vests in equal annual installments from the grant date over the next three years.
F7 Each PSU represents a contingent right to receive one share of common stock upon vesting based on the attainment of performance goals.
F8 Represents shares acquired upon release of dividend equivalent rights, as reported in Table II, on a one-for-one basis.
F9 These shares represent shares withheld by the issuer to satisfy tax withholding obligations incurred upon the vesting of performance stock units awarded to the reporting person on December 12, 2022. This transaction is considered an exempt sale pursuant to Rule 16b-3(e) promulgated under the Securities Exchange Act of 1934.
F10 This option is fully vested and exercisable.
F11 This option is exercisable and vests over a five-year period at a rate of 20% on the first anniversary of the date listed in the table, with the balance vesting in equal annual installments over the remaining four years.
F12 These dividend equivalent rights were released in connection with the vesting of a performance share unit (PSU) award granted on December 12, 2022. Each dividend equivalent right is the economic equivalent of one share of the Issuer's common stock.