Isaac Zacharias - Jan 26, 2024 Form 4 Insider Report for Shockwave Medical, Inc. (SWAV)

Signature
/s/ Wade Estey, as attorney in fact for Isaac Zacharias
Stock symbol
SWAV
Transactions as of
Jan 26, 2024
Transactions value $
-$871,920
Form type
4
Date filed
1/29/2024, 08:08 PM
Previous filing
Jan 17, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SWAV Common Stock Options Exercise $26.8K +4K +6.26% $6.71* 67.9K Jan 26, 2024 Direct F1
transaction SWAV Common Stock Sale -$899K -4K -5.89% $224.69 63.9K Jan 26, 2024 Direct F1

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 SWAV Stock Option Options Exercise $0 -4K -12.61% $0.00 27.7K Jan 26, 2024 Common Stock 4K $6.71 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 All transactions reported here were effected pursuant to a Rule 10b5-1 Plan adopted by the reporting person on 08/25/2023.
F2 Fully vested.