4//SEC Filing
BERGER DAVID B 4
Accession 0001438133-23-000126
CIK 0001438133other
Filed
May 29, 8:00 PM ET
Accepted
May 30, 9:30 PM ET
Size
14.9 KB
Accession
0001438133-23-000126
Insider Transaction Report
Form 4
BERGER DAVID B
GENERAL COUNSEL
Transactions
- Exercise/Conversion
Common Stock
2023-05-30+406→ 5,118 total - Award
RSU 2023 05 25
2023-05-25+18,037→ 18,037 totalExercise: $0.00→ Common Stock (18,037 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-05-30−406→ 1,626 total→ Common Stock (406 underlying) - Tax Payment
Common Stock
2023-05-30$26.57/sh−141$3,746→ 4,977 total - Award
PSU 2023 05 25
2023-05-25+8,883→ 8,883 totalExercise: $0.00→ Common Stock (8,883 underlying)
Holdings
- 242(indirect: By Trust)
Common Stock
Footnotes (8)
- [F1]Shares withheld by Tandem Diabetes Care, Inc. (the Company) to satisfy tax withholding requirements on vesting of restricted stock units (RSU). No shares were sold.
- [F2]The securities are held by the Berger Family Trust dated April 16, 2008.
- [F3]Awarded on May 25, 2023 pursuant to the Tandem Diabetes Care, Inc. 2023 Long-Term Incentive Plan (the 2023 Plan).
- [F4]Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the 2023 Plan.
- [F5]RSU vest as to thiry-three percent (33%) of the total number of shares subject to the RSU on 5/15/2024, and the remaining shares shall vest in eight (8) equal quarterly installments thereafter.
- [F6]Each performance stock unit (PSU) represents a contingent right to receive one share of Tandem Diabetes Care, Inc. (the Company) common stock based upon the achievement of certain pre-defined performance metrics as of December 31, 2025 (the Measurement Date). The number of shares issued may range from 0% to 200% of the amount specified above, based upon (i) Company's actual performance relative to the pre-defined performance metrics, and (ii) subject to the awardee's continuing service through the Measurement Date. If minimum performance metrics are not met, no PSU's will vest.
- [F7]Each RSU represents a contingent right to receive either one share of common stock of the Issuer or cash in lieu thereof, at the Issuer's discretion, in accordance with the terms of the Tandem Diabetes Care,Inc. 2013 Stock Incentive Plan (the 2013 Plan).
- [F8]RSU vest as to twenty-five percent (25%) of the total number of shares subject to the RSU on the one year anniversary of the grant date, and the remaining shares shall vest in twelve (12) equal quarterly installments thereafter, subject to the terms of the 2013 Plan.
Documents
Issuer
TANDEM DIABETES CARE INC
CIK 0001438133
Entity typeother
Related Parties
1- filerCIK 0001422126
Filing Metadata
- Form type
- 4
- Filed
- May 29, 8:00 PM ET
- Accepted
- May 30, 9:30 PM ET
- Size
- 14.9 KB