Richard Ginn - May 22, 2023 Form 4 Insider Report for Tenon Medical, Inc. (TNON)

Role
Chief Technology Officer, Director
Signature
/s/ Richard Ginn
Stock symbol
TNON
Transactions as of
May 22, 2023
Transactions value $
$161,612
Form type
4
Date filed
5/24/2023, 07:36 PM
Previous filing
May 16, 2022
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNON Common Stock Options Exercise $243K +150K $1.62* 150K May 22, 2023 Direct F1
transaction TNON Common Stock Sale -$81.9K -65K -43.24% $1.26 85.3K May 23, 2023 Direct

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 Restricted Stock Units 301K May 22, 2023 Common Stock 301K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were issued pursuant to the vesting of Restricted Stock Units.
F2 These units are on a 3 year vesting schedule, for the first year they vest on an annual basis and thereafter they vest on a semi-annual basis.
F3 450,971 RSUs were initially granted on May 12, 2022. 150,308 RSUs vested as of May 22, 2023.