Shawn M. Bowman - Dec 16, 2021 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Role: President - Wound Care Div.
Signature: /s/ Shawn M. Bowman
Stock symbol: SMTI
Transactions as of: Dec 16, 2021
Transactions value $: -$25,278
Form type: 4
Date filed: 12/20/2021, 03:15 PM
Previous filing: Oct 21, 2021
Next filing: Dec 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMTI	Common Stock	Tax liability	-$5.62K	-123	-0.79%	$45.67	15.5K	Dec 16, 2021	Direct	F1
transaction	SMTI	Common Stock	Tax liability	-$3.74K	-82	-0.53%	$45.67	15.5K	Dec 16, 2021	Direct	F2
transaction	SMTI	Common Stock	Tax liability	-$8.95K	-196	-1.27%	$45.67	15.3K	Dec 16, 2021	Direct	F2, F3
transaction	SMTI	Common Stock	Tax liability	-$6.96K	-196	-1.28%	$35.53	15.1K	Dec 16, 2021	Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock of Sanara MedTech, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 503 shares of restricted stock granted to the reporting person on February 24, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F2	Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 333 shares of restricted stock granted to the reporting person on April 27, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F3	Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 802 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F4	Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 801 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.