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iRhythm Technologies, Inc. — Director's Dealing 2017
Jul 12, 2017
30977_dirs_2017-07-12_242247a2-a119-4c60-9e29-9bc5a1993035.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: iRhythm Technologies, Inc. (IRTC)
CIK: 0001388658
Period of Report: 2017-07-10
Reporting Person: King Kevin M (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-10 | Common Stock | M | 100290 | $4.12 | Acquired | 143332 | Direct |
| 2017-07-10 | Common Stock | S | 100290 | $42.06 | Disposed | 43042 | Direct |
| 2017-07-11 | Common Stock | M | 9710 | $4.12 | Acquired | 52752 | Direct |
| 2017-07-11 | Common Stock | S | 9710 | $42.23 | Disposed | 43042 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-07-10 | Employee Stock Option (right to buy) | $4.12 | M | 110000 | Disposed | 2022-09-27 | Common Stock (110000) | Direct |
Footnotes
F1: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2017.
F2: Includes 1,042 shares acquired under the IRTC stock purchase plan on June 1, 2017.
F3: This transaction was executed in multiple trades at prices ranging from $41.80 to $42.40. The price reported 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 transaction was effected.
F4: This transaction was executed in multiple trades at prices ranging from $42.15 to $42.31. The price reported 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 transaction was effected.
F5: 100,290 shares were exercised on July 10, 2017 and 9,710 shares were exercised on July 11, 2017.