Steven Foster - Apr 26, 2022 Form 3 Insider Report for Tenon Medical, Inc. (TNON)

Signature
/s/ Steven M. Foster
Stock symbol
TNON
Transactions as of
Apr 26, 2022
Transactions value $
$0
Form type
3
Date filed
4/26/2022, 09:38 PM
Next filing
May 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding TNON Common Stock 15.4K Apr 26, 2022 Direct F1

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
holding TNON Stock Options Apr 26, 2022 Common Stock 113K $5.20 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of 15,372 shares of common stock issuable upon the automatic conversion of a convertible note on the closing of the initial public offering of Tenon Medical, Inc. to occur on April 29, 2022.
F2 Steven Foster was granted an option to purchase 225,000 shares (or 112,500 shares after the 1-for-2 reverse stock split was effectuated on April 6, 2022) of common stock at an exercise price of $2.60 (or $5.20 post-split) per share with a grant date of May 1, 2021, subject to monthly equal vesting over a three-year period commencing May 1, 2021.
F3 34,375 shares of common stock underlying stock options have vested as of April 26, 2022.