Lucas W. Buchanan - 15 Aug 2022 Form 4 Insider Report for Silk Road Medical Inc

Role
COO/CFO
Signature
/s/Mhairi Jones, by power of attorney
Issuer symbol
N/A
Transactions as of
15 Aug 2022
Net transactions value
-$964,408
Form type
4
Filing time
17 Aug 2022, 17:32:13 UTC
Previous filing
12 Aug 2022
Next filing
05 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SILK Common Stock Options Exercise $247,100 +12,355 +6.4% $20.00 204,119 15 Aug 2022 Direct F1
transaction SILK Common Stock Sale $598,727 -12,355 -6.1% $48.46 191,764 15 Aug 2022 Direct F1, F2
transaction SILK Common Stock Sale $612,780 -12,645 -6.6% $48.46 179,119 15 Aug 2022 Direct F2, F3
holding SILK Common Stock 13,518 15 Aug 2022 Buchanan Grandchildren's Irrevocable 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 -12,355 -27% $0.000000 33,093 15 Aug 2022 Common Stock 12,355 $20.00 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 June 13, 2022.
F2 This transaction was executed in multiple trades at price ranging from $47.26 to $49.37. 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 The sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on June 13, 2022.
F4 These shares are held directly by the Buchanan Grandchildren's Irrevocable Trust, for which the Reporting Person serves as a co-trustee.
F5 One forty-eighth of the shares subject to the option shall vest on May 3, 2019 and each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.