Basarsky Trent A.'s Form 4/A amendment
Amended908 Devices Inc. (MASS) · filed Jul 23, 2021
- Accession no.
- 0001104659-21-095525
- Filed
- Jul 23, 2021
- Trade date
- Jun 23-25, 2021
- Filing delay
- 30 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jun 25, 2021
This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $1.67M. It was filed 30 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Basarsky Trent A.CIK 0001608021 | Officer (VP, Corporate Development) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 23, 2021 | Common Stock, par value $0.001 | MOption exerciseAcquired | +30,200 | $1.75 | +$52,850 | 35,200 | Direct | |
| Jun 23, 2021 | Common Stock, par value $0.001 | SSaleDisposed | −7,563 | $39.14F2 | −$296,015.82 | 27,637 | Direct | |
| Jun 23, 2021 | Common Stock, par value $0.001 | SSaleDisposed | −22,637 | $39.68F3 | −$898,236.16 | 5,000 | Direct | |
| Jun 24, 2021 | Common Stock, par value $0.001 | MOption exerciseAcquired | +9,074 | $1.75 | +$15,879.5 | 14,074 | Direct | |
| Jun 24, 2021 | Common Stock, par value $0.001 | SSaleDisposed | −9,074 | $40.03F4 | −$363,232.22 | 5,000 | Direct | |
| Jun 25, 2021 | Common Stock, par value $0.001 | MOption exerciseAcquired | +2,726 | $1.75 | +$4,770.5 | 7,726 | Direct | |
| Jun 25, 2021 | Common Stock, par value $0.001 | SSaleDisposed | −2,726 | $39.90 | −$108,767.4 | 5,000 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 23, 2021 | Common Stock, par value $0.001 | MOption exerciseDisposed | −216,504 | $0.00 | $0 | 186,304 | Direct | |
| Jun 24, 2021 | Common Stock, par value $0.001 | MOption exerciseDisposed | −186,304 | $0.00 | $0 | 177,230 | Direct | |
| Jun 25, 2021 | Common Stock, par value $0.001 | MOption exerciseDisposed | −177,230 | $0.00 | $0 | 174,504 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.50 to $39.49, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices 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 ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.50 to $39.94, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices 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 ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.92 to $40.23, inclusive. The reporting person undertakes to provide to 908 Devices Inc., any security holder of 908 Devices 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 ranges set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F5
Twenty-five percent of the shares underlying the option became vested and exercisable on January 8, 2018 and the remaining 75% of the shares underlying the option become vested and exercisable in substantially equal monthly installments over the 36 months following January 8, 2018, subject to the reporting person's continued service through the applicable vesting date.
Remarks
The original Form 4, filed June 25, 2021, is being amended by this Form 4 amendment solely to correct an administrative error related to the total number of shares held by the reporting person. The original Form 4 for this reporting person inadvertently understated the number of shares beneficially owned by the reporting person reported in Column 5 of Table I by 5,000 shares. This Form 4 corrects such error by increasing the number of shares beneficially owned by the reporting person following each of the reported transactions by such 5,000 shares in Column 5 of Table I.