John F. Sheridan - 15 Aug 2024 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Role
PRESIDENT & CEO, Director
Signature
/s/ Rachel Malina, Attorney-in-Fact for John F. Sheridan
Issuer symbol
TNDM
Transactions as of
15 Aug 2024
Net transactions value
-$188,864
Form type
4
Filing time
19 Aug 2024, 20:31:32 UTC
Previous filing
28 May 2024
Next filing
19 Nov 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 +793 +1.7% $0.000000 46,368 15 Aug 2024 Direct
transaction TNDM Common Stock Tax liability $17,616 -402 -0.87% $43.82 45,966 15 Aug 2024 Direct F1
transaction TNDM Common Stock Options Exercise $0 +2,236 +4.9% $0.000000 48,202 15 Aug 2024 Direct
transaction TNDM Common Stock Tax liability $49,692 -1,134 -2.4% $43.82 47,068 15 Aug 2024 Direct F1
transaction TNDM Common Stock Options Exercise $0 +5,472 +12% $0.000000 52,540 15 Aug 2024 Direct
transaction TNDM Common Stock Tax liability $121,557 -2,774 -5.3% $43.82 49,766 15 Aug 2024 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 -793 -25% $0.000000 2,377 15 Aug 2024 Common Stock 793 Direct F2, F3, F4
transaction TNDM Restricted Stock Unit Options Exercise $0 -2,236 -25% $0.000000 6,709 15 Aug 2024 Common Stock 2,236 Direct F3, F5, F6
transaction TNDM Restricted Stock Unit Options Exercise $0 -5,472 -13% $0.000000 38,301 15 Aug 2024 Common Stock 5,472 Direct F7, F8, F9
* 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 5/15/2022, 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, as amended.
F6 RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2023, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter, subject to the terms of the 2013 Plan.
F7 Awarded on May 25, 2023 pursuant to the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan, as amended, and agreements related thereto (the 2023 Plan).
F8 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 2023 Plan.
F9 RSU vest as to thirty-three percent (33%) of the total number of shares subject to the RSU on 5/15/2024, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter.