SEC Form 4 · accession 0000899243-17-018208
iRhythm Holdings, Inc. · IRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M King
Officer — President and CEO · Director
Period of report
Jul 10, 2017
Accepted (ET)
Jul 12, 2017 · 3:35 pm EDT
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 | Jul 10, 2017 | M | 100,290 | $4.12 | A | 143,332 | D | |
| Common StockF3,F2 | Jul 10, 2017 | S | 100,290 | $42.06 | D | 43,042 | D | |
| Common StockF2 | Jul 11, 2017 | M | 9,710 | $4.12 | A | 52,752 | D | |
| Common StockF4,F2 | Jul 11, 2017 | S | 9,710 | $42.23 | D | 43,042 | 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 | $4.12 | Jul 10, 2017 | M | 110,000 | D | Jul 30, 2013 | Sep 27, 2022 | Common Stock | 110,000 | 267,813 | D |
Explanation of responses
- F1The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 8, 2017.
- F2Includes 1,042 shares acquired under the IRTC stock purchase plan on June 1, 2017.
- F3This transaction was executed in multiple trades at prices ranging from $41.80 to $42.40. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $42.15 to $42.31. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5100,290 shares were exercised on July 10, 2017 and 9,710 shares were exercised on July 11, 2017.