Michael D. McNeil - Mar 17, 2023 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Role
Chief Financial Officer
Signature
/s/ Michael D. McNeil
Stock symbol
SMTI
Transactions as of
Mar 17, 2023
Transactions value $
-$59,682
Form type
4
Date filed
3/21/2023, 04:15 PM
Previous filing
Mar 6, 2023
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTI Common Stock Tax liability -$26.6K -658 -2.8% $40.50 22.8K Mar 17, 2023 Direct F1
transaction SMTI Common Stock Tax liability -$11K -253 -1.11% $43.30 22.6K Mar 17, 2023 Direct F2
transaction SMTI Common Stock Tax liability -$22.1K -532 -2.36% $41.50 22K Mar 17, 2023 Direct F3
* 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 2,699 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 1,035 shares of restricted stock granted to the reporting person on December 22, 2021. 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 2,182 shares of restricted stock granted to the reporting person on March 8, 2022. 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.