Brian B. Hansen - Sep 13, 2021 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Signature
s/ David B. Berger, Attorney-in-Fact for Brian B. Hansen
Stock symbol
TNDM
Transactions as of
Sep 13, 2021
Transactions value $
-$700,097
Form type
4
Date filed
9/15/2021, 04:32 PM
Previous filing
Aug 31, 2021
Next filing
Dec 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $19.6K +2.18K +34.42% $9.00 8.51K Sep 13, 2021 Direct F1
transaction TNDM Common Stock Options Exercise $1.55M +30K +352.4% $51.50 38.5K Sep 13, 2021 Direct F1
transaction TNDM Common Stock Sale -$1.77M -15K -38.95% $118.14 23.5K Sep 13, 2021 Direct F2, F3
transaction TNDM Common Stock Sale -$1.4M -11.8K -50.19% $119.03 11.7K Sep 13, 2021 Direct F2, F4
transaction TNDM Common Stock Sale -$262K -2.18K -18.61% $120.33 9.53K Sep 13, 2021 Direct F2, F5
transaction TNDM Common Stock Sale -$231K -1.9K -19.93% $121.68 7.63K Sep 13, 2021 Direct F2, F6
transaction TNDM Common Stock Sale -$159K -1.3K -17.03% $122.44 6.33K Sep 13, 2021 Direct F2, F7

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 TNDM Stock Option Options Exercise $19.6K +2.18K $9.00 0 Sep 13, 2021 Common Stock 2.18K $9.00 Direct F8, F9
transaction TNDM Stock Option Options Exercise $1.55M +30K +300% $51.50 40K Sep 13, 2021 Common Stock 30K $51.50 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock received upon exercise of a stock option award.
F2 The shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 13, 2021.
F3 The price reported reflects the weighted average price per share of multiple transactions with prices per share ranging between $117.64 to $118.60. The Reporting Person undertakes to provide the Securities and Exchange Commission (the "SEC"), the issuer, and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F4 The price reported reflects the weighted average price per share of multiple transactions with prices per share ranging between $118.64 to $119.61. The Reporting Person undertakes to provide the Securities and Exchange Commission (the "SEC"), the issuer, and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F5 The price reported reflects the weighted average price per share of multiple transactions with prices per share ranging between $119.76 to $120.67. The Reporting Person undertakes to provide the Securities and Exchange Commission (the "SEC"), the issuer, and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F6 The price reported reflects the weighted average price per share of multiple transactions with prices per share ranging between $121.01 to $121.98. The Reporting Person undertakes to provide the Securities and Exchange Commission (the "SEC"), the issuer, and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F7 The price reported reflects the weighted average price per share of multiple transactions with prices per share ranging between $122.03 to $122.99. The Reporting Person undertakes to provide the Securities and Exchange Commission (the "SEC"), the issuer, and any security holder full information regarding the number of shares and the prices at which the shares were sold.
F8 The options vested as to twenty-five (25%) of the underlying shares on 5/17/2018, and the remaining shares vested in thirty-six (36) equal monthly installments thereafter, subject to the terms of Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan, as amended, and the agreements related thereto (the "2013 Plan").
F9 The expiration date for these options is 10 years from the date of grant.
F10 The options vested as to twenty-five (25%) of the underlying shares on 2/15/2020, and the remaining shares shall vest in thirty-six (36) equal monthly installments thereafter, subject to (the "2013 Plan").