Filing Details

Accession Number:
0001179110-17-008141
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-05-26 16:50:17
Reporting Period:
2017-05-24
Filing Date:
2017-05-26
Accepted Time:
2017-05-26 16:50:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
856982 Merit Medical Systems Inc MMSI Surgical & Medical Instruments & Apparatus (3841) 870447695
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1184931 W Richard Edelman 1600 W. Merit Parkway
South Jordan UT 84095
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, No Par Value Acquisiton 2017-05-24 11,621 $13.16 17,621 No 4 M Direct
Common Stock, No Par Value Disposition 2017-05-24 7,437 $34.50 10,184 No 4 S Direct
Common Stock, No Par Value Acquisiton 2017-05-25 13,379 $13.16 23,563 No 4 M Direct
Common Stock, No Par Value Disposition 2017-05-25 8,563 $34.42 15,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-qualified stock options (right to buy) Disposition 2017-05-24 11,621 $0.00 11,621 $13.16
Common Stock Non-qualified stock options (right to buy) Disposition 2017-05-25 13,379 $0.00 13,379 $13.16
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,379 2011-06-25 2017-06-25 No 4 M Direct
0 2011-06-25 2017-06-25 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Non-qualified stock options (right to buy) $13.75 2012-08-11 2018-08-11 20,000 20,000 Direct
Common Stock Non-qualified stock options (right to buy) $12.91 2013-05-23 2019-05-23 20,000 20,000 Direct
Common Stock Non-qualified stock options (right to buy) $9.95 2014-05-22 2020-05-22 25,000 25,000 Direct
Common Stock Non-qualified stock options (right to buy) $13.99 2015-06-11 2021-06-11 25,000 25,000 Direct
Common Stock Non-qualified stock options (right to buy) $20.27 2016-05-22 2022-05-22 25,000 25,000 Direct
Common Stock Non-qualified stock options (right to buy) $18.80 2017-05-26 2023-05-26 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2018-08-11 20,000 20,000 Direct
2019-05-23 20,000 20,000 Direct
2020-05-22 25,000 25,000 Direct
2021-06-11 25,000 25,000 Direct
2022-05-22 25,000 25,000 Direct
2023-05-26 25,000 25,000 Direct
Footnotes
  1. The Reporting Person ceased to be a director of the Issuer on March 24, 2017.
  2. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 7,437 of such shares to pay the exercise price and taxes and issuing the remaining 4,184 shares to the Reporting Person.
  3. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 8,563 of such shares to pay the exercise price and taxes and issuing the remaining 4,816 shares to the Reporting Person.
  4. The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.40 to 34.50, inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
  5. Became exercisable in equal annual installments of 20% commencing 06/25/2011.
  6. Became exercisable in equal annual installments of 20% commencing 08/11/2012.
  7. Became exercisable in equal annual installments of 20% commencing 05/23/2013.
  8. Became exercisable in equal annual installments of 20% commencing 05/22/2014. Installments scheduled for vesting after 5/22/2017 will not be exercisable.
  9. Became exercisable in equal annual installments of 20% commencing 06/11/2015. Installments scheduled for vesting after 6/11/2017 will not be exercisable.
  10. Became exercisable in equal annual installments of 20% commencing 05/22/2016. Installments scheduled for vesting after 5/22/2017 will not be exercisable.
  11. Became exercisable in equal annual installments of 20% commencing 05/26/2017. Installments scheduled for vesting after 5/26/2017 will not be exercisable.