Rick Carpenter - 15 Nov 2024 Form 4 Insider Report for TANDEM DIABETES CARE INC (TNDM)

Signature
/s/ Rachel Malina, Attorney-in-Fact for Rick A. Carpenter
Issuer symbol
TNDM
Transactions as of
15 Nov 2024
Net transactions value
-$11,044
Form type
4
Filing time
19 Nov 2024, 17:23:05 UTC
Previous filing
18 Sep 2024
Next filing
18 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNDM Common Stock Options Exercise $0 +596 +4.7% $0.000000 13,400 15 Nov 2024 Direct
transaction TNDM Common Stock Tax liability $5,823 -213 -1.6% $27.34 13,187 15 Nov 2024 Direct F1
transaction TNDM Common Stock Options Exercise $0 +1,437 +11% $0.000000 14,624 15 Nov 2024 Direct
transaction TNDM Common Stock Tax liability $14,025 -513 -3.5% $27.34 14,111 15 Nov 2024 Direct F1
transaction TNDM Common Stock Award $8,805 +563 +4% $15.64 14,674 15 Nov 2024 Direct 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 -596 -33% $0.000000 1,191 15 Nov 2024 Common Stock 596 Direct F3, F4, F5
transaction TNDM Restricted Stock Unit Options Exercise $0 -1,437 -14% $0.000000 8,623 15 Nov 2024 Common Stock 1,437 Direct F6, F7, F8
* 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 reporting person is voluntarily reporting the acquisition of shares of common stock pursuant to the Tandem Diabetes Care, Inc. Amended and Restated 2013 Employee Stock Purchase Plan (ESPP), for the ESPP purchase period of May 16, 2024 through November 15, 2024. This transaction is also exempt under Rule 16b-3(c).
F3 Awarded on May 25, 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 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.
F6 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).
F7 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 the 2023 Plan.
F8 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.