SEC Form 4 · accession 0001209191-19-018606

Neuronetics, Inc. · STIM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Peter Donato

Officer — Vice President and CFO

Period of report

Mar 7, 2019

Accepted (ET)

Mar 11, 2019 · 7:11 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001227636

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Mar 7, 2019	M	18,061	$3.19	A	18,061	D
Common Stock^F1	Mar 7, 2019	S	18,061	$16.21	D	0	D
Common Stock	Mar 8, 2019	M	8,177	$3.19	A	8,177	D
Common Stock^F2	Mar 8, 2019	S	8,177	$16.01	D	0	D
Common Stock^F3,F4	Mar 8, 2019	A	14,007	—	A	14,007	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)^F5	$3.19	Mar 7, 2019	M	18,061	D	—	Apr 11, 2027	Common Stock	18,061	86,890	D
Employee Stock Option (right to buy)^F5	$3.19	Mar 8, 2019	M	8,177	D	—	Apr 11, 2027	Common Stock	8,177	78,713	D
Employee Stock Option (right to buy)^F6	$16.42	Mar 8, 2019	A	24,652	A	—	Mar 8, 2029	Common Stock	24,652	24,652	D

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.525 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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 ranges set forth in footnotes (1) and (2) to this Form 4.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.085 inclusive.
F3Twenty-five percent (25%) of the shares subject to the restricted stock unit ("RSU") grant shall vest on each of March 8, 2020 and March 8, 2021, and fifty percent (50%) of the shares subject to the RSU grant shall vest on March 8, 2022, subject to Reporting Person continuing to provide service through each such date.
F4Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F5Twenty-five percent (25%) of the shares subject to the option vested on April 10 ,2018, and one thirty-sixth (1/36th) of the remaining shares subject to the option vested or shall vest each month thereafter, subject to Reporting Person continuing to provide service through each such date.
F6Twenty-five percent (25%) of the shares subject to the option shall vest on March 8, 2020, and one thirty-sixth (1/36th) of the remaining shares subject to the option shall vest each month thereafter, subject to Reporting Person continuing to provide service through each such date.