Lucas W. Buchanan - Mar 2, 2023 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
Mar 2, 2023
Transactions value $
-$467,193
Form type
4
Date filed
3/6/2023, 07:17 PM
Previous filing
Jan 19, 2023
Next filing
Jul 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SILK Common Stock Award $0 +26.7K +14.13% $0.00 215K Mar 2, 2023 Direct F1
transaction SILK Common Stock Sale -$467K -9.92K -4.6% $47.11 206K Mar 3, 2023 Direct F2
holding SILK Common Stock 13.5K Mar 2, 2023 Buchanan Grandchildren's Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities are represented by restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of SILK common stock. 25% of the shares shall vest on March 1, 2024 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Represents shares that have been sold by the Issuer to satisfy income tax withholding and remittance obligations in connection with the vesting and net settlement of restricted stock units previously reported.
F3 These shares are held directly by the Buchanan Grandchildren's Irrevocable Trust, for which the Reporting Person serves as a co-trustee.