Laura Francis - Aug 12, 2021 Form 4 Insider Report for SI-BONE, Inc. (SIBN)

Role
Chief Executive Officer, Director
Signature
/s/ Michael A. Pisetsky, Attorney-in-Fact for Laura A. Francis
Stock symbol
SIBN
Transactions as of
Aug 12, 2021
Transactions value $
$200,749
Form type
4
Date filed
8/16/2021, 08:11 PM
Previous filing
Jul 9, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Options Exercise $300K +13.6K +6.55% $22.00 222K Aug 12, 2021 Direct
transaction SIBN Common Stock Sale -$34.3K -1.68K -0.76% $20.46 220K Aug 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$31.3K -1.53K -0.7% $20.46 219K Aug 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$12.7K -621 -0.28% $20.46 218K Aug 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$20.9K -1.02K -0.47% $20.46 217K Aug 16, 2021 Direct F1, 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 SIBN Stock Option (Right to Buy) Options Exercise $0 -13.6K -27.6% $0.00 35.8K Aug 12, 2021 Common Stock 13.6K $22.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units. The sale satisfies the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
F2 Includes 129,472 shares issuable on settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The shares subject to the option vest in equal monthly installments over four years commencing on vesting commencement date, subject to Reporting Person's continued service through each relevant vesting date.