AI assistant
MERIT MEDICAL SYSTEMS INC — Director's Dealing 2016
Aug 17, 2016
31049_dirs_2016-08-16_b08bc7d6-3d37-40a9-9e06-de09450c01f9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MERIT MEDICAL SYSTEMS INC (MMSI)
CIK: 0000856982
Period of Report: 2016-08-15
Reporting Person: STILLABOWER MICHAEL E (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-08-15 | Common Stock, No Par Value | M | 25000 | $12.91 | Acquired | 52778 | Direct |
| 2016-08-15 | Common Stock, No Par Value | S | 25000 | $24.2885 | Disposed | 27778 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-08-15 | Non-qualified stock options (right to buy) | $13.82 | M | 25000 | Disposed | 2016-09-26 | Common Stock (25000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-qualified stock options (right to buy) | $13.16 | 2017-06-25 | Common Stock (25000) | 25000 | Direct |
| Non-qualified stock options (right to buy) | $13.75 | 2018-08-11 | Common Stock (20000) | 20000 | Direct |
| Non-qualified stock options (right to buy) | $12.91 | 2019-05-23 | Common Stock (20000) | 20000 | Direct |
| Non-qualified stock options (right to buy) | $9.95 | 2020-05-22 | Common Stock (25000) | 25000 | Direct |
| Non-qualified stock options (right to buy) | $13.99 | 2021-06-11 | Common Stock (25000) | 25000 | Direct |
| Non-qualified stock options (right to buy) | $20.27 | 2022-05-22 | Common Stock (25000) | 25000 | Direct |
| Non-qualified stock options (right to buy) | $18.80 | 2023-05-26 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: Becomes exercisable in equal annual installments of 20% commencing 09/26/2010.
F2: Becomes exercisable in equal annual installments of 20% commencing 06/25/2011.
F3: Becomes exercisable in equal annual installments of 20% commencing 08/11/2012.
F4: Becomes exercisable in equal annual installments of 20% commencing 05/23/2013.
F5: Becomes exercisable in equal annual installments of 20% commencing 05/22/2014.
F6: Becomes exercisable in equal annual installments of 20% commencing 06/11/2015.
F7: Becomes exercisable in equal annual installments of 20% commencing 05/22/2016.
F8: Becomes exercisable in equal annual installments of 20% commencing 05/26/2017.
F9: The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.250 to 24.365, inclusive. The reporting person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.