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

Role
Director
Signature
/s/ Richard Ferrari
Issuer symbol
TNON
Transactions as of
22 May 2023
Net transactions value
+$147,906
Form type
4
Filing time
24 May 2023, 19:37:40 UTC
Previous filing
10 Nov 2022
Next filing
02 Jun 2023
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 $147,906 +91,300 +99% $1.62 183,514 22 May 2023 Direct F1, F2

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 182,630 22 May 2023 Common Stock 182,630 Direct F3, F4
* 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 Includes 92,214 shares held by the Ferrari Family Trust for which Richard Ferrari is trustee.
F3 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.
F4 273,930 RSUs were initially granted on May 12, 2022. 91,300 RSUs vested as of May 22, 2023.