Lucas W. Buchanan - Dec 13, 2022 Form 4 Insider Report for Silk Road Medical Inc (SILK)

Role
COO/CFO
Signature
/s/Mhairi Jones, by power of attorney
Stock symbol
SILK
Transactions as of
Dec 13, 2022
Transactions value $
-$1,311,000
Form type
4
Date filed
12/15/2022, 07:35 PM
Previous filing
Nov 14, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SILK Common Stock Options Exercise $40K +25K +14.16% $1.60* 202K Dec 13, 2022 Direct F1
transaction SILK Common Stock Sale -$1.38M -25K -12.41% $55.00 177K Dec 13, 2022 Direct F1
transaction SILK Common Stock Options Exercise $24K +15K +8.5% $1.60* 192K Dec 15, 2022 Direct
holding SILK Common Stock 13.5K Dec 13, 2022 Buchanan Grandchildren's Irrevocable Trust 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
transaction SILK Option (right to buy) Options Exercise $0 -25K -23.72% $0.00 80.4K Dec 13, 2022 Common Stock 25K $1.60 Direct F1, F3
transaction SILK Option (right to buy) Options Exercise $0 -15K -18.65% $0.00 65.4K Dec 15, 2022 Common Stock 15K $1.60 Direct F3
* 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 These shares are held directly by the Buchanan Grandchildren's Irrevocable Trust, for which the Reporting Person serves as a co-trustee.
F3 All of the shares subject to this option are fully vested and exercisable as of the date hereof.