Shawn M. Bowman - 02 Dec 2022 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
06 Dec 2022, 17:33:01 UTC
Prior SEC filing
26 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Shawn M. Bowman

Key filing fact

Shawn M. Bowman filed Form 4 for Sanara MedTech Inc. (SMTI) on 06 Dec 2022.

Key facts

  • This page summarizes Shawn M. Bowman's Form 4 filing for Sanara MedTech Inc. (SMTI).
  • 5 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 06 Dec 2022, 17:33.

Change

  • Previous filing in this sequence was filed on 26 Sep 2022.
  • Current net transaction value: -$86,767.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMTI transaction

Common Stock

Tax liability

Transaction value
$37,687
Shares
-1,224
Change %
-6.6%
Price
$30.79
Shares after
17,326
Date
02 Dec 2022
Ownership
Direct
Footnotes
F1
SMTI transaction

Common Stock

Tax liability

Transaction value
$40,583
Shares
-1,101
Change %
-6.4%
Price
$36.86
Shares after
16,225
Date
02 Dec 2022
Ownership
Direct
Footnotes
F2
SMTI transaction

Common Stock

Tax liability

Transaction value
$2,525
Shares
-82
Change %
-0.51%
Price
$30.79
Shares after
16,143
Date
02 Dec 2022
Ownership
Direct
Footnotes
F3
SMTI transaction

Common Stock

Tax liability

Transaction value
$5,972
Shares
-260
Change %
-1.6%
Price
$22.97
Shares after
15,883
Date
02 Dec 2022
Ownership
Direct
Footnotes
F4
SMTI transaction

Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-4,414
Change %
-28%
Price
$0.000000
Shares after
11,469
Date
02 Dec 2022
Ownership
Direct
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Represents shares of common stock of Sanara MedTech Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 5,022 shares of restricted stock granted to the reporting person on February 24, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.

Footnote F2

Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 4,519 shares of restricted stock granted to the reporting person on February 24, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.

Footnote F3

Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 334 shares of restricted stock granted to the reporting person on April 27, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.

Footnote F4

Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 1,065 shares of restricted stock granted to the reporting person on December 22, 2021. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.

Footnote F5

Represents shares of restricted stock granted to the reporting person pursuant to the Sanara MedTech Inc. 2014 Omnibus Long-Term Incentive Plan, as amended and restated, and forfeited by the reporting person in connection with his resignation as President, Strategic Partnerships, effective December 2, 2022.

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