Steven M. Foster - 22 May 2023 Form 4 Insider Report for Tenon Medical, Inc. (TNON)

Role: CEO and President, Director
Signature: /s/ Steven Foster
Issuer symbol: TNON
Transactions as of: 22 May 2023
Net transactions value: +$82,396
Form type: 4
Filing time: 24 May 2023, 19:37:01 UTC
Previous filing: 16 May 2022
Next filing: 13 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TNON	Common Stock	Options Exercise	$117,413	+72,477		$1.62^*	72,477	22 May 2023	Direct	F1
transaction	TNON	Common Stock	Sale	$35,017	-27,791	-38%	$1.26	44,686	23 May 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						144,976	22 May 2023	Common Stock	144,976		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	217,453 RSUs were initially granted on May 12, 2022. 72,477 RSUs vested as of May 22, 2023.