Laura Francis - Nov 16, 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
Nov 16, 2021
Transactions value $
-$104,107
Form type
4
Date filed
11/17/2021, 07:51 PM
Previous filing
Aug 16, 2021
Next filing
Jul 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Sale -$21.9K -1.02K -0.47% $21.47 216K Nov 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$13.3K -621 -0.29% $21.47 215K Nov 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$32.8K -1.53K -0.71% $21.47 214K Nov 16, 2021 Direct F1
transaction SIBN Common Stock Sale -$36K -1.68K -0.78% $21.47 212K Nov 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 Options (Right to buy) Gift $0 -20.3K -56.84% $0.00 15.4K Oct 25, 2021 Common Stock 20.2K $22.00 Direct F3, F4
* 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 119,710 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.
F4 The reported transaction involves the Reporting Person's transfer of options to trusts for the benefit of Reporting Person's children.