Shannon M. Hansen - 15 Feb 2024 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
Chief Legal Officer
Signature
/s/ Rachel Malina, Attorney-in-Fact for Shannon M. Hansen
Issuer symbol
TNDM
Transactions as of
15 Feb 2024
Net transactions value
-$5,295
Form type
4
Filing time
20 Feb 2024, 19:26:06 UTC
Previous filing
17 Nov 2023
Next filing
17 May 2024
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 $0 +531 +16% $0.000000 3,794 15 Feb 2024 Direct
transaction TNDM Common Stock Tax liability $5,295 -218 -5.7% $24.29 3,576 15 Feb 2024 Direct F1
holding TNDM Common Stock 1,935 15 Feb 2024 Shannon M. Hansen 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 -531 -11% $0.000000 4,246 15 Feb 2024 Common Stock 531 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 securities are held by the Shannon M. Hansen Trust dated July 8, 2003, of which Shannon M. Hansen is the Trustee.
F3 Awarded on February 15, 2022 pursuant to the Tandem Diabetes Care, Inc. 2013 Stock Incentive Plan, as amended, and the agreements related thereto (the 2013 Plan).
F4 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.
F5 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.