DEXCOM INC — Director's Dealing 2020

Sep 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEXCOM INC (DXCM)
CIK: 0001093557
Period of Report: 2020-09-09

Reporting Person: Selvaraj Shelly Ramasamy (SVP Information Technology)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-09	Common Stock	S	1236	$398.302	Disposed	20845	Direct
2020-09-09	Common Stock	S	281	$398.302	Disposed	20564	Direct
2020-09-09	Common Stock	S	709	$398.302	Disposed	19855	Direct
2020-09-10	Common Stock	S	1000	$399.5972	Disposed	18855	Direct
2020-09-10	Common Stock	S	207	$400.1935	Disposed	18648	Direct
2020-09-10	Common Stock	S	856	$401.7392	Disposed	17792	Direct
2020-09-10	Common Stock	S	10	$402.38	Disposed	17782	Direct
2020-09-10	Common Stock	S	29	$405.33	Disposed	17753	Direct

Footnotes

F1: Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.

F2: Included in this number are 12,568 unvested restricted stock units, 5,483 of which were granted on March 8, 2020 and shall vest through March 8, 2023, 4,134 of which were granted on March 8, 2019 and shall vest through March 8, 2022, and 2,951 of which were granted on March 8, 2018 and shall vest through March 8, 2021.

F3: On May 30, 2019, Mr. Selvaraj adopted a 10b5-1 Plan which was amended on May 11, 2020. This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Selvaraj. The shares set forth above were sold pursuant to the 10b5-1 Plan.

F4: This transaction was executed in multiple trades at prices ranging from $399.116 to $399.98. The price 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 transactions were effected.

F5: This transaction was executed in multiple trades at prices ranging from $400.15 to $400.24. The price 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 transactions were effected.

F6: This transaction was executed in multiple trades at prices ranging from $401.37 to $402.33. The price 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 transactions were effected.