Filing Details
- Accession Number:
- 0001179110-14-008765
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-19 18:49:41
- Reporting Period:
- 2014-05-15
- Filing Date:
- 2014-05-19
- Accepted Time:
- 2014-05-19 18:49:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 856982 | Merit Medical Systems Inc | MMSI | Surgical & Medical Instruments & Apparatus (3841) | 870447695 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 901531 | W Kent Stanger | 1600 W Merit Parkway South Jordan UT 84095 | Chief Financial Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, No Par Value | Acquisiton | 2014-05-15 | 2,791 | $11.05 | 723,627 | No | 4 | M | Direct | |
| Common Stock, No Par Value | Disposition | 2014-05-15 | 2,791 | $14.00 | 720,836 | No | 4 | S | Direct | |
| Common Stock, No Par Value | Disposition | 2014-05-15 | 6,000 | $14.00 | 714,836 | No | 4 | S | Direct | |
| Common Stock, No Par Value | Acquisiton | 2014-05-16 | 1,200 | $11.05 | 716,036 | No | 4 | M | Direct | |
| Common Stock, No Par Value | Disposition | 2014-05-16 | 1,200 | $14.02 | 714,836 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-qualified stock options (right to buy) | Disposition | 2014-05-15 | 2,791 | $0.00 | 2,791 | $11.05 |
| Common Stock | Non-qualified stock options (right to buy) | Disposition | 2014-05-16 | 1,200 | $0.00 | 1,200 | $11.05 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,709 | 2004-06-10 | 2014-06-10 | No | 4 | M | Direct |
| 3,509 | 2004-06-10 | 2014-06-10 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, No Par Value | 79,031 | Indirect | By 401(k) plan |
| Common Stock, No Par Value | 60,001 | Indirect | Family Limited Partnership |
| Common Stock, No Par Value | 4,271 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-qualified stock options (right to buy) | $11.05 | 2004-06-10 | 2014-06-10 | 18,750 | 18,750 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $12.02 | 2004-12-18 | 2014-12-18 | 25,000 | 25,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $11.41 | 2005-05-25 | 2015-05-25 | 18,750 | 18,750 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $9.71 | 2005-12-28 | 2015-12-28 | 25,000 | 25,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $9.70 | 2008-06-27 | 2014-06-27 | 25,000 | 25,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $9.70 | 2008-06-27 | 2014-06-27 | 18,750 | 18,750 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $11.53 | 2009-05-21 | 2015-05-21 | 43,750 | 43,750 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $13.82 | 2010-09-26 | 2016-09-26 | 25,000 | 25,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $13.75 | 2012-08-11 | 2018-08-11 | 80,000 | 80,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2014-06-10 | 18,750 | 18,750 | Direct |
| 2014-12-18 | 25,000 | 25,000 | Direct |
| 2015-05-25 | 18,750 | 18,750 | Direct |
| 2015-12-28 | 25,000 | 25,000 | Direct |
| 2014-06-27 | 25,000 | 25,000 | Direct |
| 2014-06-27 | 18,750 | 18,750 | Direct |
| 2015-05-21 | 43,750 | 43,750 | Direct |
| 2016-09-26 | 25,000 | 25,000 | Direct |
| 2018-08-11 | 80,000 | 80,000 | Direct |
Footnotes
- Represents plan holdings as of 05/15/2014.
- Employee stock purchase plan holdings as of 05/15/2014.
- Becomes exercisable in equal annual installments of 20% commencing 06/27/2008.
- Becomes exercisable in equal annual installments of 20% commencing 05/21/2009.
- Becomes exercisable in equal annual installments of 20% commencing 09/26/2010.
- Becomes exercisable in equal annual installments of 20% commencing 08/11/2012.
- The 6,000 shares reported on this line of table 1 were sold pursuant to the reporting person's Rule 10b5-1 Sales Plan adopted pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934.
- 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 $14.00 to $14.04, 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.
- This report shall not be deemed an admission that the reporting person is the beneficial owner of the securities held by K.W.S. Properties LC.
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