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iRhythm Technologies, Inc. — Director's Dealing 2022
Feb 17, 2022
30977_dirs_2022-02-17_f8f30f7d-375f-4acf-a1db-35c86309eb16.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: 2022-02-15
Reporting Person: Devine Douglas (Chief Operating Officer & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-15 | Common Stock | A | 7422 | — | Acquired | 39088 | Direct |
| 2022-02-15 | Common Stock | A | 8046 | — | Acquired | 47134 | Direct |
| 2022-02-17 | Common Stock | S | 98 | $118.86 | Disposed | 47036 | Direct |
| 2022-02-17 | Common Stock | S | 4505 | $121.04 | Disposed | 42531 | Direct |
Footnotes
F1: These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs vest on March 1, 2023 and each one-year anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2: Includes 207 shares acquired under the Issuer's employee stock purchase plan on May 31, 2021.
F3: Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance RSUs granted to the Reporting Person on January 19, 2021.
F4: These shares were sold to cover tax withholding and remittance obligations in connection with the vesting of RSUs.