Erica Rogers - May 20, 2022 Form 4 Insider Report for Silk Road Medical Inc (SILK)

Signature
/s/Mhairi Jones, by power of attorney
Stock symbol
SILK
Transactions as of
May 20, 2022
Transactions value $
-$1,151,714
Form type
4
Date filed
7/13/2022, 05:32 PM
Previous filing
Apr 13, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SILK Common Stock Options Exercise $48K +30K +12.21% $1.60* 276K Jul 11, 2022 Direct F1
transaction SILK Common Stock Sale -$1.21M -30K -10.88% $40.44 246K Jul 11, 2022 Direct F1, F2
transaction SILK Common Stock Award $13.5K +550 +0.22% $24.51 246K May 20, 2022 Direct F3
holding SILK Common Stock 83.8K May 20, 2022 Trustees of The Surace/Rogers Family Trust F4

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
transaction SILK Option (right to buy) Options Exercise $0 -30K -24.46% $0.00 92.7K Jul 11, 2022 Common Stock 30K $1.60 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on August 20, 2021.
F2 This transaction was executed in multiple trades at price ranging from $40.00 to $40.80. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 These shares were acquired under the Issuer's Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
F4 These shares are held directly by Kevin J. Surace and Erica J. Rogers, as Trustees of The Surace Rogers Family Trust.
F5 All of the shares subject to this option are fully vested and exercisable as of the date hereof.