Laura A. Francis - 16 Nov 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
16 Nov 2021
Net transactions value
-$104,107
Form type
4
Filing time
17 Nov 2021, 19:51:10 UTC
Previous filing
16 Aug 2021
Next filing
14 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Sale $21,899 -1,020 -0.47% $21.47 215,943 16 Nov 2021 Direct F1
transaction SIBN Common Stock Sale $13,333 -621 -0.29% $21.47 215,322 16 Nov 2021 Direct F1
transaction SIBN Common Stock Sale $32,849 -1,530 -0.71% $21.47 213,792 16 Nov 2021 Direct F1
transaction SIBN Common Stock Sale $36,026 -1,678 -0.78% $21.47 212,114 16 Nov 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 -20,328 -57% $0.000000 15,437 25 Oct 2021 Common Stock 20,238 $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.