| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SILK | Common Stock | Options Exercise | $9.6K | +6K | +2.23% | $1.60* | 275K | Apr 11, 2023 | Direct | F1 |
| transaction | SILK | Common Stock | Sale | -$239K | -6K | -2.18% | $39.77 | 269K | Apr 11, 2023 | Direct | F1, F2 |
| holding | SILK | Common Stock | 83.8K | Apr 11, 2023 | Trustees of The Surace/Rogers Family Trust | F3 |
| 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 | -6K | -24.34% | $0.00 | 18.7K | Apr 11, 2023 | Common Stock | 6K | $1.60 | Direct | F1, F4 |
| Id | Content |
|---|---|
| F1 | The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on August 8, 2022, prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). |
| F2 | This transaction was executed in multiple trades at price ranging from $39.12 to $40.01. 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 are held directly by Kevin J. Surace and Erica J. Rogers, as Trustees of The Surace Rogers Family Trust. |
| F4 | All of the shares subject to the option are fully vested and exercisable as of the date hereof. |