CHRISTOPHER J. TWOMEY - 05 May 2022 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
Director
Signature
s/ Rachel Malina, Attorney-in-Fact for Christopher J. Twomey
Issuer symbol
TNDM
Transactions as of
05 May 2022
Net transactions value
+$27,291
Form type
4
Filing time
10 May 2022, 17:01:03 UTC
Previous filing
09 Sep 2021
Next filing
19 May 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 $17,547 +238 +4.7% $73.73 5,270 05 May 2022 See Footnote F1, F2
transaction TNDM Common Stock Options Exercise $9,953 +135 +1.8% $73.73 7,658 05 May 2022 See Footnotes F1, F3
transaction TNDM Common Stock Sale $17,653 -158 -3% $111.73 5,112 05 May 2022 See Footnote F1, F2
transaction TNDM Common Stock Sale $10,056 -90 -1.2% $111.73 7,568 05 May 2022 See Footnotes F1, F3
holding TNDM Common Stock 1,892 05 May 2022 Direct

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 Warrant Options Exercise $9,953 +135 $73.73 0 05 May 2022 Common Stock 135 $73.73 See Footnotes F3, F4
transaction TNDM Warrant Options Exercise $17,547 +238 $73.73 0 05 May 2022 Common Stock 238 $73.73 See Footnote F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction reflects the cashless exercise of warrants to purchase common stock, at an exercise price of $73.726. Pursuant to the terms of the warrant, the shares of common stock were sold at a price equal to the average of the closing prices of the shares over the 30-day period ending three days prior to the date on which the notice of exercise was received by the Issuer.
F2 The securities are held by the Chris J. Twomey and Rebecca J. Twomey Family Trust UTD September 20, 2002.
F3 The securities are directly owned by Twomey Family Investments, LLC. The Reporting Person is co-manager of Twomey Family Investments, LLC and shares voting and investment power over the securities held by Twomey Family Investments, LLC and may be deemed to have indirect beneficial ownership of such shares. The Reporting Person disclaims beneficial ownership of such securities held by Twomey Family Investments, LLC, except to the extent of his proportionate pecuniary interest therein.
F4 The expiration date for this warrant is August 31, 2022.