Laura A. Francis - 12 Aug 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
Issuer symbol
SIBN
Transactions as of
12 Aug 2021
Net transactions value
+$200,749
Form type
4
Filing time
16 Aug 2021, 20:11:40 UTC
Previous filing
09 Jul 2021
Next filing
17 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Options Exercise $299,970 +13,635 +6.5% $22.00 221,812 12 Aug 2021 Direct
transaction SIBN Common Stock Sale $34,335 -1,678 -0.76% $20.46 220,134 16 Aug 2021 Direct F1
transaction SIBN Common Stock Sale $31,307 -1,530 -0.7% $20.46 218,604 16 Aug 2021 Direct F1
transaction SIBN Common Stock Sale $12,707 -621 -0.28% $20.46 217,983 16 Aug 2021 Direct F1
transaction SIBN Common Stock Sale $20,871 -1,020 -0.47% $20.46 216,963 16 Aug 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 -13,635 -28% $0.000000 35,765 12 Aug 2021 Common Stock 13,635 $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.