SEC Form 4 · accession 0001305773-17-000132
Conformis Inc · CFMS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Augusti
Officer — President & CEO · Director
Period of report
Dec 5, 2017
Accepted (ET)
Dec 6, 2017 · 6:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001305773
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 5, 2017 | S | 4,189 | $2.68 | D | 236,163 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale was made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person and represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of a restricted stock award. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.