SEC Form 4 · accession 0000899243-17-004550
iRhythm Holdings, Inc. · IRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derrick Sung
Officer — See Remarks
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388658
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 16, 2017 | A | 7,900 | $0.00 | A | 7,900 | 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)F1 | $35.25 | Feb 16, 2017 | A | 14,000 | A | — | Feb 16, 2027 | Common Stock | 14,000 | 14,000 | D |
Explanation of responses
- F1The option vests and the shares become exercisable according to the following schedule: 1/4 on March 1, 2018 and 1/36 of the remaining shares on each full calendar month thereafter.
- F2The reported securities are represented by restricted stock units ("RSUs"), which represents a contingent right to receive one share of IRTC common stock. The RSUs vest in four equal annual installments beginning on March 1, 2018.
Remarks
EVP, Strategy and Corporate Development