SEC Form 4 · accession 0000899243-18-021467
iRhythm Holdings, Inc. · IRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karim Karti
Officer — Chief Operating Officer
Period of report
Aug 2, 2018
Accepted (ET)
Aug 6, 2018 · 2:34 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 StockF1 | Aug 2, 2018 | A | 24,113 | $0.00 | A | 24,113 | 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)F2 | $85.04 | Aug 2, 2018 | A | 4,700 | A | — | Aug 2, 2028 | Common Stock | 4,700 | 4,700 | D |
| Employee Stock Option (right to buy)F2 | $85.04 | Aug 2, 2018 | A | 7,518 | A | — | Aug 2, 2028 | Common Stock | 7,518 | 7,518 | D |
Explanation of responses
- F1The 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 August 1, 2019.
- F2The option vests and the shares become exercisable according to the following schedule: 1/4 on August 1, 2019, and 1/36 of the remaining shares on each full calendar month thereafter.