Chas McKhann - 17 Sep 2024 Form 4 Insider Report for Silk Road Medical Inc

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
18 Sep 2024, 20:19:27 UTC
Prior SEC filing
05 Mar 2024
Next SEC filing
21 Apr 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mhairi Jones, by power of attorney

Key filing fact

Chas McKhann filed Form 4 for Silk Road Medical Inc on 18 Sep 2024.

Key facts

  • This page summarizes Chas McKhann's Form 4 filing for Silk Road Medical Inc.
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 18 Sep 2024, 20:19.

Change

  • Previous filing in this sequence was filed on 05 Mar 2024.
  • Current net transaction value: $0.

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.

SILK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-722,396
Change %
-100%
Price
Shares after
0
Date
17 Sep 2024
Ownership
Direct
Footnotes
F1, F2
SILK transaction

Common Stock

Award

Transaction value
$0
Shares
+1,299,042
Change %
Price
$0.000000
Shares after
1,299,042
Date
17 Sep 2024
Ownership
Direct
Footnotes
F3
SILK transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-1,299,042
Change %
-100%
Price
Shares after
0
Date
17 Sep 2024
Ownership
Direct
Footnotes
F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Chas McKhann is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote F1

The reported shares are represented by restricted stock units, or RSUs, each of which represents a contingent right to receive one share of Issuer common stock.

Footnote F2

Pursuant to the Agreement and Plan of Merger dated June 17, 2024, between the Issuer, Boston Scientific Corporation and Seminole Merger Sub, Inc, (the "Merger Agreement"), each RSU was canceled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) $27.50 per unit in cash (the "Merger Consideration") and (ii) the aggregate number of shares underlying the RSUs, less applicable taxes and authorized deductions.

Footnote F3

Immediately prior to the effective time of the merger, certain RSUs subject to the achievement of performance-based criteria, or PSUs, were deemed achieved and certified by the Issuer's compensation committee.

Footnote F4

Pursuant to the Merger Agreement, each PSU was canceled and converted into the right to receive an amount in cash, without interest, equal to the product of (i) the Merger Consideration and (ii) the aggregate number of shares underlying the PSUs, less applicable taxes and authorized deductions.

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