David B. Berger - May 15, 2023 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
EVP & Chief Operating Officer
Signature
/s/ Rachel Malina, Attorney-in-Fact for David B. Berger
Stock symbol
TNDM
Transactions as of
May 15, 2023
Transactions value $
-$22,909
Form type
4
Date filed
5/17/2023, 06:18 PM
Previous filing
Mar 7, 2023
Next filing
May 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +163 +4.84% $0.00 3.53K May 15, 2023 Direct
transaction TNDM Common Stock Tax liability -$1.83K -57 -1.62% $32.13 3.47K May 15, 2023 Direct F1
transaction TNDM Common Stock Options Exercise $0 +1.9K +54.65% $0.00 5.37K May 15, 2023 Direct
transaction TNDM Common Stock Tax liability -$21.1K -656 -12.22% $32.13 4.71K May 15, 2023 Direct F1
holding TNDM Common Stock 242 May 15, 2023 Berger Family Trust 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 -163 -11.15% $0.00 1.3K May 15, 2023 Common Stock 163 Direct F3, F4
transaction TNDM Restricted Stock Unit Options Exercise $0 -1.9K -33.33% $0.00 3.79K May 15, 2023 Common Stock 1.9K Direct F3, 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 securities are held by the Berger Family Trust dated April 16, 2008.
F3 Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan (the 2013 Plan).
F4 RSU granted on 5/18/2021 vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on the 15th day of the month that corresponds to the anniversary of the grant date, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter, subject to the terms of the 2013 Plan.
F5 RSU granted on 5/25/2022 vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on the 15th day of the month that corresponds to the anniversary of the grant date, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter, subject to the terms of the 2013 Plan.