Silk Road Medical (SILK) executive Davis sold 6,753 shares for $365K at $54.05 under a 10b5-1 plan
Insider transactions reported
Andrew S. Davis (executive at Silk Road Medical Inc., SILK) reported that they sold 6,753 shares for $365K at $54.05, and acquired 6,753 shares at $4.73 on Feb 1, 2023. After these transactions the filing shows 98,205 shares held directly.
- Reporting person
- Davis Andrew S.
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 1, 2023 | Exercise or conversion of a derivative (M) | Common Stock1 | +6,753 | $4.73 | $31.9K | 104,958 direct |
| Feb 1, 2023 | Open-market sale (S) | Common Stock1 | -6,753 | $54.05 | $365K | 98,205 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Feb 1, 2023 | Exercise or conversion of a derivative (M) | Option (right to buy)On 6,753 Common Stock1, 2 | -6,753 | - | - | 54,865 direct |
Holdings before and after
- Option (right to buy): 61,618 to 54,865 direct
Footnotes from the filing
- 1. The option exercise and sale reported on this Form 4 were effected pursuant to Rule 10b5-1 Trading Plan adopted by the reporting person on May 20, 2022.
- 2. All of the shares subject to this option are fully vested and exercisable as of the date hereof.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Davis report in this SILK Form 4?
Andrew S. Davis (executive at Silk Road Medical Inc., SILK) reported that they sold 6,753 shares for $365K at $54.05, and acquired 6,753 shares at $4.73 on Feb 1, 2023. After these transactions the filing shows 98,205 shares held directly.
How many SILK shares does Davis hold after this filing?
The filing shows 98,205 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this SILK insider sale made under a 10b5-1 plan?
The filing's footnotes mention a Rule 10b5-1 trading plan. Such a plan sets the terms of future trades in advance.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for SILK
Earlier insider filings at SILK
- Feb 4, 2023SEC Form 4: Chou Tony M. sold $715,440 worth of shares (13,008 units at $55.00) as part of a pre-agreed trading plan, decreasing direct ownership by 15% to 75,707 units
- Jan 20, 2023SEC Form 4: Buchanan Lucas W. exercised 83,528 shares at a strike of $7.27 and sold $4,663,155 worth of shares (86,244 units at $54.07) as part of a pre-agreed trading plan, decreasing direct ownership by 1% to 188,811 units
- Jan 19, 2023SEC Form 4: Weatherman Elizabeth H sold $3,082,224 worth of shares (56,355 units at $54.69) as part of a pre-agreed trading plan, decreasing direct ownership by 26% to 159,454 units
- Jan 17, 2023SEC Form 4: Chou Tony M. sold $55,330 worth of shares (1,006 units at $55.00) as part of a pre-agreed trading plan, decreasing direct ownership by 1% to 87,709 units
- Jan 13, 2023SEC Form 4: Rogers Erica J. exercised 6,000 shares at a strike of $1.60 and sold $309,180 worth of shares (6,000 units at $51.53) as part of a pre-agreed trading plan
- Market cap
- 30-day
- Sector
- Health Care
- Industry
- Medical/Dental Instruments
- Listed since
- 2019
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