Jeryl L. Hilleman - 15 Jun 2023 Form 4 Insider Report for SI-BONE, Inc. (SIBN)

Role
Director
Signature
/s/ Michael Pisetsky, Attorney-in-Fact for Jeryl L Hilleman
Issuer symbol
SIBN
Transactions as of
15 Jun 2023
Net transactions value
-$118,076
Form type
4
Filing time
20 Jun 2023, 18:02:50 UTC
Previous filing
13 Jun 2023
Next filing
29 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SIBN Common Stock Sale $59,808 -2,081 -11% $28.74 17,430 15 Jun 2023 Direct F1
transaction SIBN Common Stock Sale $58,268 -2,081 -12% $28.00 15,349 20 Jun 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 4,866 shares issuable on the 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.