David B. Berger - 15 Dec 2021 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
EVP, Bus Ops & Compliance
Signature
s/David B. Berger
Issuer symbol
TNDM
Transactions as of
15 Dec 2021
Net transactions value
-$1,278,360
Form type
4
Filing time
17 Dec 2021, 16:35:13 UTC
Previous filing
01 Dec 2021
Next filing
05 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $226,320 +12,000 +270% $18.86 16,451 15 Dec 2021 Direct F1
transaction TNDM Common Stock Sale $1,731,000 -12,000 -73% $144.25 4,451 15 Dec 2021 Direct F2
holding TNDM Common Stock 242 15 Dec 2021 Berger Family Trust 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
transaction TNDM Stock Option Options Exercise $226,320 +12,000 +31% $18.86 51,000 15 Dec 2021 Common Stock 12,000 $18.86 Direct F4, F5
* 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 11, 2021.
F3 The securities are held by the Berger Family Trust dated April 16, 2008.
F4 The options vested as to fifty (50%) of the underlying shares on 6/14/2019, and the remaining shares vested in twelve (12) 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").
F5 The expiration date for these options is 10 years from the date of grant.