Brian B. Hansen - Aug 15, 2023 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
EVP & CHIEF COMMERCIAL OFFICER
Signature
/s/ Rachel Malina, Attorney-in-Fact for Brian B. Hansen
Stock symbol
TNDM
Transactions as of
Aug 15, 2023
Transactions value $
-$6,094
Form type
4
Date filed
8/17/2023, 04:32 PM
Previous filing
May 30, 2023
Next filing
Aug 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +162 +1.44% $0.00 11.4K Aug 15, 2023 Direct
transaction TNDM Common Stock Tax liability -$1.56K -54 -0.47% $28.88 11.3K Aug 15, 2023 Direct F1
transaction TNDM Common Stock Options Exercise $0 +474 +4.18% $0.00 11.8K Aug 15, 2023 Direct
transaction TNDM Common Stock Tax liability -$4.53K -157 -1.33% $28.88 11.7K Aug 15, 2023 Direct F1

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 -162 -12.47% $0.00 1.14K Aug 15, 2023 Common Stock 162 Direct F2, F3, F4
transaction TNDM Restricted Stock Unit Options Exercise $0 -474 -12.49% $0.00 3.32K Aug 15, 2023 Common Stock 474 Direct F3, F5, F6
* 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 Awarded on May 18, 2021 pursuant to the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan, as amended, and the agreements related thereto (the 2013 Plan)
F3 Each restricted stock unit ("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 the2013 Plan.
F4 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.
F5 Awarded on May 25, 2022 pursuant to the 2013 Plan, as amended, and the agreements related thereto.
F6 RSU 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.