Vort David A 4
4 · iRhythm Technologies, Inc. · Filed Jan 21, 2021
Insider Transaction Report
Form 4
Vort David A
Chief Commercial Officer
Transactions
- Award
Common Stock
[F1]2021-01-17+12,940→ 28,542 total - Tax Payment
Common Stock
[F2]2021-01-17$250.57/sh−6,416$1,607,657→ 22,126 total - Exercise/Conversion
Common Stock
[F3]2021-01-19$35.25/sh+2,118$74,660→ 24,244 total - Exercise/Conversion
Common Stock
[F3]2021-01-19$63.95/sh+2,882$184,304→ 27,126 total - Sale
Common Stock
[F3][F4]2021-01-19$249.95/sh−1,085$271,191→ 26,041 total - Sale
Common Stock
[F3][F5]2021-01-19$250.78/sh−1,180$295,919→ 24,861 total - Sale
Common Stock
[F3][F6]2021-01-19$251.95/sh−1,778$447,960→ 23,083 total - Sale
Common Stock
[F3][F7]2021-01-19$252.62/sh−907$229,123→ 22,176 total - Sale
Common Stock
[F3]2021-01-19$253.57/sh−50$12,679→ 22,126 total - Exercise/Conversion
Employee Stock Option (right to buy)
[F3][F8]2021-01-19−2,118→ 1,059 totalExercise: $35.25From: 2020-12-01Exp: 2027-02-16→ Common Stock (2,118 underlying) - Exercise/Conversion
Common Stock
[F3][F9]2021-01-19−2,882→ 12,218 totalExercise: $63.95From: 2019-03-01Exp: 2028-02-27→ Common Stock (2,882 underlying)
Footnotes (9)
- [F1]Represents the acquisition of shares upon the determination of the Compensation Committee of the Board of Directors of the Issuer that the performance conditions were met with respect to performance restricted stock units (PSUs) granted to the Reporting Person on June 19, 2020.
- [F2]Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the issuance of shares pursuant to PSUs granted to the Reporting Person on June 19, 2020.
- [F3]The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2020.
- [F4]This transaction was executed in multiple trades at prices ranging from $249.32 to $250.19 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F5]This transaction was executed in multiple trades at prices ranging from $250.32 to $251.27 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F6]This transaction was executed in multiple trades at prices ranging from $251.335 to $252.27 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F7]This transaction was executed in multiple trades at prices ranging from $252.34 to $253.24 per share. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F8]This option, originally granted for 25,400 shares, of which 24,341 shares have been exercised, vested as to 1/4 of the shares on March 1, 2018 and as to 1/36 of the remaining shares each month thereafter.
- [F9]This option, originally granted for 15,200 shares, of which 2,882 shares have been exercised, vested as to 1/4 of the shares on March 1, 2019 and as to 1/36 of the remaining shares each month thereafter.
Signature
/s/ Christina Delfin, attorney in fact|2021-01-21