Susan Morrison - 15 Nov 2023 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Signature
/s/ Rachel Malina, Attorney-in-Fact for Susan M. Morrison
Issuer symbol
TNDM
Transactions as of
15 Nov 2023
Net transactions value
-$3,312
Form type
4
Filing time
17 Nov 2023, 16:11:59 UTC
Previous filing
30 Aug 2023
Next filing
29 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +162 +1.2% $0.000000 14,155 15 Nov 2023 Direct
transaction TNDM Common Stock Tax liability $855 -47 -0.33% $18.20 14,108 15 Nov 2023 Direct F1
transaction TNDM Common Stock Options Exercise $0 +474 +3.4% $0.000000 14,582 15 Nov 2023 Direct
transaction TNDM Common Stock Tax liability $2,457 -135 -0.93% $18.20 14,447 15 Nov 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 -14% $0.000000 975 15 Nov 2023 Common Stock 162 Direct F2, F3, F4
transaction TNDM Restricted Stock Unit Options Exercise $0 -474 -14% $0.000000 2,846 15 Nov 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 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 2013 Plan.
F4 RSU 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 Awarded on May 25, 2022 pursuant to the 2013 Plan.
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.