Anshul Maheshwari - Jun 7, 2023 Form 4 Insider Report for SI-BONE, Inc. (SIBN)

Signature
/s /Michael Pisetsky, Attorney-in-Fact for Anshul Maheshwari
Stock symbol
SIBN
Transactions as of
Jun 7, 2023
Transactions value $
-$91,616
Form type
4
Date filed
6/9/2023, 05:11 PM
Previous filing
May 18, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Sale -$91.6K -3.27K -2.07% $28.00 155K Jun 7, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan.
F2 Includes 130,194 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's common stock.