4//SEC Filing
Smith Eric A 4
Accession 0001209191-20-007324
CIK 0000876378other
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 8:03 PM ET
Size
15.2 KB
Accession
0001209191-20-007324
Insider Transaction Report
Form 4
Smith Eric A
Chief Commercial Officer
Transactions
- Exercise/Conversion
Common Stock
2020-02-04+12,821→ 12,821 total - Tax Payment
Common Stock
2020-02-04$1.28/sh−4,486$5,742→ 8,335 total - Award
Restricted Stock Units
2020-02-04−1,282→ 2,565 totalExercise: $0.00→ Common Stock (1,282 underlying) - Award
Restricted Stock Units
2020-02-04−2,564→ 5,129 totalExercise: $0.00→ Common Stock (2,564 underlying) - Award
Restricted Stock Units
2020-02-04−8,975→ 17,949 totalExercise: $0.00→ Common Stock (8,975 underlying)
Footnotes (6)
- [F1]Effective December 11, 2019, the Registrant effected a reverse stock split of its common stock at a ratio of one-for-thirteen shares. The amounts set forth in this Form 4 have been adjusted to reflect the reverse stock split.
- [F2]This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
- [F3]Each restricted stock unit ("RSU") represents the right to receive one share of the Registrant's common stock.
- [F4]Lapse of forfeiture restrictions on one-third of a RSU award granted on February 6, 2019. Forfeiture restrictions will lapse on the remaining RSUs in two installments of 8,974 and 8,975 on each of February 4, 2021 and 2022, as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
- [F5]Lapse of forfeiture restrictions on one-third of a RSU award granted on November 2, 2018. Forfeiture restrictions will lapse on the remaining RSUs in two installments of 1,282 and 1,283 on each of July 3, 2020 and 2021, as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
- [F6]Lapse of forfeiture restrictions on one-third of a RSU award granted on August 31, 2018. Forfeiture restrictions will lapse on the remaining RSUs in two installments of 2,564 and 2,565 on each of August 31, 2020 and 2021, as long as the Reporting Person remains in the employ of the Registrant, subject to acceleration as set forth in the Incentive Plan and the Reporting Person's Employment Agreement with the Company.
Documents
Issuer
TRANSENTERIX, INC.
CIK 0000876378
Entity typeother
Related Parties
1- filerCIK 0001751486
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 8:03 PM ET
- Size
- 15.2 KB