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Buchanan Lucas W.'s Form 4 filing

Silk Road Medical Inc (SILK) · filed Jan 19, 2023

Accession no.
0001593968-23-000180
Filed
Jan 19, 2023
Trade date
Jan 17-19, 2023
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 7 non-derivative transactions and 3 derivative transactions. Open-market sales total $4.66M. It was filed 2 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.

Reporting owners on this filing
OwnerRelationship to the company
Buchanan Lucas W.CIK 0001769830Officer (COO/CFO)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jan 17, 2023Common StockMOption exerciseAcquired+45,000$1.60+$72,000236,527Direct
Jan 17, 2023Common StockSSaleDisposed−45,000$54.68F2−$2,460,600191,527Direct
Jan 19, 2023Common StockMOption exerciseAcquired+12,766$1.60+$20,425.6204,293Direct
Jan 19, 2023Common StockSSaleDisposed−12,766$53.40F3−$681,704.4191,527Direct
Jan 19, 2023Common StockMOption exerciseAcquired+25,762$20.00+$515,240217,289Direct
Jan 19, 2023Common StockSSaleDisposed−25,762$53.40F3−$1,375,690.8191,527Direct
Jan 19, 2023Common StockSSaleDisposed−2,716$53.40F3−$145,034.4188,811Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jan 17, 2023Common StockMOption exerciseDisposed−45,000$0.00$020,409Direct
Jan 19, 2023Common StockMOption exerciseDisposed−12,766$0.00$07,643Direct
Jan 19, 2023Common StockMOption exerciseDisposed−25,762$0.00$07,331Direct

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.

F2

This transaction was executed in multiple trades at price ranging from $53.79 to $57.20. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 1 transaction in Table I.

F3

This transaction was executed in multiple trades at price ranging from $52.68 to $54.71. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Referenced by the price of 3 transactions in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)