Shannon M. Hansen - Feb 15, 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
Stock symbol
TNDM
Transactions as of
Feb 15, 2024
Transactions value $
-$5,295
Form type
4
Date filed
2/20/2024, 07:26 PM
Previous filing
Nov 17, 2023
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +531 +16.27% $0.00 3.79K Feb 15, 2024 Direct
transaction TNDM Common Stock Tax liability -$5.3K -218 -5.75% $24.29 3.58K Feb 15, 2024 Direct F1
holding TNDM Common Stock 1.94K Feb 15, 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 -11.12% $0.00 4.25K Feb 15, 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.