SEC Form 4 · accession 0001209191-18-061860
iRhythm Holdings, Inc. · IRTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Vort
Officer — EVP, Sales
Period of report
Dec 7, 2018
Accepted (ET)
Dec 10, 2018 · 6:17 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 StockF1 | Dec 7, 2018 | M | 4,500 | $3.65 | A | 26,320 | D | |
| Common StockF2 | Dec 7, 2018 | S | 5,176 | $73.31 | D | 21,144 | 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)F3 | $3.65 | Dec 7, 2018 | M | 4,500 | D | — | Feb 4, 2024 | Common Stock | 4,500 | 90,794 | D |
Explanation of responses
- F1Includes 323 shares acquired pursuant to the issuer's 2016 Employee Stock Purchase Plan (the "Plan") on June 1, 2018 and 353 shares acquired pursuant to the Plan on December 1, 2018. Reflects a corrective decrease of 1,077 shares resulting from the duplicate reporting in Forms 4 filed September 13, 2017 and March 1, 2018 of 1,077 shares acquired pursuant to the Plan on June 1, 2017.
- F2This transaction was executed in multiple trades at prices ranging from $73.2836 to $73.4458. The prices 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.
- F3The option vested and the shares became exercisable according to the following schedule: 1/4 on January 1, 2015 and 1/36 of the remaining shares on each full calendar month thereafter.