Ward Scott R. 4
4 · Cardiovascular Systems Inc · Filed Aug 16, 2022
Insider Transaction Report
Form 4
Ward Scott R.
Director
Transactions
- Tax Payment
Common Stock
2022-08-12$16.64/sh−16,006$266,340→ 884,466 total
Holdings
- 34,297
Restricted Stock Units
→ Common Stock (34,297 underlying)
Footnotes (2)
- [F1]The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of prior restricted stock grants by directing the Company to withhold shares otherwise issuable upon vesting of the previously reported grants.
- [F2]Each restricted stock unit represents the right to receive a payment from the Company equal in value to the market price per share of the Company's common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of the reporting person's board membership.