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PROCEPT BioRobotics Corp — Director's Dealing 2024
Mar 8, 2024
31665_dirs_2024-03-07_6e5136db-7622-492e-84f1-cd81e00782e8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROCEPT BioRobotics Corp (PRCT)
CIK: 0001588978
Period of Report: 2024-03-06
Reporting Person: Zadno Reza (Director, President, CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-06 | Common Stock | A | 54933 | — | Acquired | 255889 | Direct |
| 2024-03-06 | Common Stock | S | 9179 | $46.67 | Disposed | 246710 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-06 | Stock Option (Right to Buy) | $47.17 | A | 47849 | Acquired | 2034-03-05 | Common Stock (47849) | Direct |
Footnotes
F1: These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 1/4th of the RSUs shall vest on the anniversary of the vesting commencement date of March 5, 2024, and annually over a three year period thereafter, subject to continued employment or service by the Reporting Person to the Issuer through the applicable vesting date.
F2: These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units granted on February 16, 2023.
F3: The price reported in Column 4 is a weighted average price.
F4: 1/48th of the shares subject to the Stock Option shall vest monthly from the vesting commencement date of March 5, 2024 over a four year period, subject continued employment or service by the Reporting Person to the Issuer through the applicable vesting date.