Ward Scott R. 4
4 · Cardiovascular Systems Inc · Filed Aug 23, 2021
Insider Transaction Report
Form 4
Ward Scott R.
Director
Transactions
- Disposition to Issuer
Common Stock
2021-08-19−27,842→ 601,966 total - Tax Payment
Common Stock
2021-08-19$36.18/sh−27,637$999,907→ 574,329 total
Holdings
- 34,297
Restricted Stock Units
→ Common Stock (34,297 underlying)
Footnotes (3)
- [F1]Represents shares of performance-based restricted stock granted in August 2018 that have been forfeited based on the Company's three year total shareholder return for fiscal years 2019, 2020 and 2021 versus the Company's peer group.
- [F2]The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock grant by directing the Company to withhold shares otherwise issuable upon vesting of the previously reported grant.
- [F3]Each restricted stock unit represents the right to receive a payment from the Company equal in value to the market price per share of the Company's common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of the reporting person's board membership.