Laura Francis - Feb 28, 2023 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
Feb 28, 2023
Transactions value $
-$556,973
Form type
4
Date filed
3/2/2023, 05:45 PM
Previous filing
Feb 17, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Options Exercise $151K +35K +7.72% $4.32* 488K Feb 28, 2023 Direct
transaction SIBN Common Stock Sale -$708K -35K -7.17% $20.23 453K Feb 28, 2023 Direct F1, F2, F3

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 -35K -37.88% $0.00 57.4K Feb 28, 2023 Common Stock 35K $4.32 Direct F4
transaction SIBN Stock Options (Right to buy) Gift $0 -9.86K -63.89% $0.00 5.57K Feb 28, 2023 Common Stock 9.86K $22.00 Direct F5, F6
* 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 was effected pursuant to a 10b5-1 trading plan.
F2 The price reported in column 4 is a weighted-average price. The shares were sold in multiple transactions ranging from $20.00 to $20.90, inclusive. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Includes 288,428 shares issuable on settlement of restricted stock units granted to the Reporting Person. Each restricted stock unit represents a contingent right to receive one shares of the Issuer'scommon stock.
F4 The shares subject to the option vest in equal monthly installments over four years commencing on May 26, 2015, subject to Reporting Person's continued service through each relevant vesting date. The shares subject to this option may be exercised prior to vesting, subject to Issuer's right to repurchase.
F5 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.
F6 The reported transaction involves the Reporting Person's transfer of options to trusts for the benefit of Reporting Person's children.