FOSTER STEVEN M 5
5 · Tenon Medical, Inc. · Filed Feb 13, 2024
Insider Transaction Report
Form 5
FOSTER STEVEN M
DirectorCEO and President
Transactions
- Tax Payment
Common Stock
2023-11-27$2.00/sh−901$1,802→ 8,730 total - Conversion
Common Stock
2023-11-22$2.02/sh+3,624$7,320→ 9,631 total
Holdings
- 10,874
Restricted Stock Units
→ Common Stock (10,874 underlying)
Footnotes (3)
- [F1]These shares of common stock were issued pursuant to the vesting of Restricted Stock Units.
- [F2]These shares were sold to pay tax liability associated with the vesting of Restricted Stock Units.
- [F3]Each Restricted Stock Unit represents the right to receive one share of Common Stock. These units are on a 3 year vesting schedule, for the first year they vest on an annual basis and thereafter they vest on a semi-annual basis. 21,746 (post-split) Restricted Stock Units were initially granted on May 12, 2022. 10,872 Restricted Stock Units vested as of December 31, 2023.