Andrew Hykes - 19 Feb 2025 Form 4 Insider Report for Inari Medical, Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Feb 2025, 20:01:55 UTC
Prior SEC filing
12 Feb 2025
Next SEC filing
04 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Shannon Trevino, attorney-in-fact for Andrew Hykes

Key filing fact

Andrew Hykes filed Form 4 for Inari Medical, Inc. on 19 Feb 2025.

Key facts

  • This page summarizes Andrew Hykes's Form 4 filing for Inari Medical, Inc..
  • 8 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 19 Feb 2025, 20:01.

Change

  • Previous filing in this sequence was filed on 12 Feb 2025.
  • 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.

NARI transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-1,550
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
By Child 1
Footnotes
F1
NARI transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-1,550
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
By Child 2
Footnotes
F1
NARI transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-1,550
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
By Child 3
Footnotes
F1
NARI transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-1,000
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
By Spouse
Footnotes
F1
NARI transaction

Common Stock

Award

Transaction value
Shares
+20,393
Change %
+2.9%
Price
Shares after
717,637
Date
19 Feb 2025
Ownership
Direct
Footnotes
F2
NARI transaction

Common Stock

Disposition pursuant to a tender of shares in a change of control transaction

Transaction value
Shares
-717,637
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NARI transaction Derivative

Stock Options (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-36,085
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,085
Exercise price
$56.00
Footnotes
F4
NARI transaction Derivative

Stock Options (Right to Buy)

Disposed to Issuer

Transaction value
Shares
-44,693
Change %
-100%
Price
Shares after
0
Date
19 Feb 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
44,693
Exercise price
$58.44
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

Andrew Hykes 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

Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated January 6, 2025, by and among Stryker Corporation ("Parent"), Eagle 1 Merger Sub, Inc. ("Merger Sub"), and Inari Medical, Inc. ("Issuer") on February 19, 2025 (the "Effective Time"), Merger Sub merged with and into Issuer, with Issuer surviving as a wholly owned subsidiary of Parent upon consummation of the transactions contemplated by the Merger Agreement. At the Effective Time, each outstanding share of common stock of the Issuer ("Common Stock") was cancelled and converted into the right to receive $80.00 in cash (the "Merger Consideration"), without interest.

Footnote F2

Pursuant to the Merger Agreement, at the Effective Time, these performance-based restricted stock units vested based on deemed achievement of maximum performance.

Footnote F3

Includes 149,010 shares of restricted stock units ("RSUs"). At the Effective Time, each outstanding award of RSUs was canceled and converted into the right to receive an amount in cash equal to the product of the aggregate number of shares underlying such RSU immediately prior to the Effective Time, multiplied by the Merger Consideration.

Footnote F4

At the Effective Time, each outstanding option, whether vested or unvested, was cancelled and converted into the right to receive an amount of cash equal to the product of (i) the aggregate number of shares of Common Stock underlying such option immediately prior to the Effective Time, multiplied by (ii) the amount, if any, by which the Merger Consideration exceeds the exercise price per share of such option, subject to any applicable withholding taxes and in accordance with the terms of the Merger Agreement.

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