John F. Sheridan - May 16, 2022 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Signature
s/Rachel Malina , Attorney-in-Fact for John F. Sheridan
Stock symbol
TNDM
Transactions as of
May 16, 2022
Transactions value $
-$97,374
Form type
4
Date filed
5/18/2022, 06:30 PM
Previous filing
May 10, 2022
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +3.17K +31.52% $0.00 13.2K May 16, 2022 Direct
transaction TNDM Common Stock Tax liability -$116K -1.57K -11.88% $73.85 11.7K May 16, 2022 Direct F1
transaction TNDM Common Stock Award $18.7K +306 +2.63% $61.17 12K May 16, 2022 Direct F2

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 Restricted Stock Unit Options Exercise $0 +3.17K +50.01% $0.00 9.51K May 16, 2022 Common Stock 3.17K Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Tandem Diabetes Care, Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold.
F2 The reporting person is voluntarily reporting the acquisition of shares of common stock pursuant to the Tandem Diabetes Care, Inc. Amended and Restated 2013 Employee Stock Purchase Plan ("ESPP"), for the ESPP purchase period of November 16, 2021 through May 16, 2022. This transaction is also exempt under Rule 16b-3(c).
F3 Granted pursuant to the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan (the 2013 Plan).
F4 Each RSU represents a contingent right to receive one share of common stock of the Company.
F5 RSU vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on 5/15/2022, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter.