Filing Details
- Accession Number:
- 0000856982-19-000115
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-08-19 19:03:31
- Reporting Period:
- 2019-08-15
- Accepted Time:
- 2019-08-19 19:03:31
- 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 |
|---|---|---|---|---|---|---|---|
| 1649014 | Ann F. Millner | 1600 West Merit Parkway South Jordan UT 84095 | Yes | No | 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 | Acquisiton | 2019-08-15 | 5,000 | $18.80 | 13,298 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-08-15 | 3,780 | $36.67 | 9,518 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2019-08-15 | 4,246 | $21.98 | 13,764 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-08-15 | 2,534 | $36.84 | 11,230 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | 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 | 2019-08-15 | 4,246 | $0.00 | 4,246 | $21.98 |
| Common Stock | Non-qualified stock options (right to buy) | Disposition | 2019-08-15 | 5,000 | $0.00 | 5,000 | $18.80 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 4,246 | 2016-07-16 | 2022-07-16 | No | 4 | M | Direct |
| 10,000 | 2017-05-26 | 2023-05-26 | No | 4 | M | 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) | $34.40 | 2018-05-24 | 2024-05-24 | 20,000 | 20,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $50.50 | 2019-06-07 | 2025-06-07 | 25,000 | 25,000 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $52.17 | 2020-05-24 | 2026-05-24 | 13,750 | 13,750 | Direct |
| Common Stock | Non-qualified stock options (right to buy) | $52.17 | 2020-05-31 | 2026-05-31 | 7,500 | 7,500 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2024-05-24 | 20,000 | 20,000 | Direct |
| 2025-06-07 | 25,000 | 25,000 | Direct |
| 2026-05-24 | 13,750 | 13,750 | Direct |
| 2026-05-31 | 7,500 | 7,500 | Direct |
Footnotes
- 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 $36.67 to $36.69, 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.
- Stock options were exercised in a swap transaction with the Company. 2,534 shares of common stock were surrendered for payroll taxes and payment of the option price. None of such shares were sold in the open market.
- Becomes exercisable in equal annual installments of 20% commencing 07/16/2016.
- Becomes exercisable in equal annual installments of 20% commencing 05/26/2017.
- Becomes exercisable in equal annual installments of 20% commencing 05/24/2018.
- Becomes exercisable in equal annual installments of 20% commencing 06/07/2019.
- Becomes exercisable in equal annual installments of 33% commencing 05/24/2020.
- Becomes exercisable in equal annual installments of 33% commencing 05/31/2020.
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