Michael Jon Brown - Apr 30, 2024 Form 4 Insider Report for DEXCOM INC (DXCM)

Signature
By: /s/ Jereme M Sylvain For: Michael Jon Brown
Stock symbol
DXCM
Transactions as of
Apr 30, 2024
Transactions value $
-$79,411
Form type
4
Date filed
5/2/2024, 05:07 PM
Previous filing
Mar 29, 2024
Next filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DXCM Common Stock Sale -$79.4K -629 -0.91% $126.25 68.2K Apr 30, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 On December 15, 2022, Mr. Brown adopted a 10b5-1 Plan which was amended on August 29, 2023. This 10b5-1 Plan allows the orderly disposition of shares owned by Mr. Brown. The shares set forth above were sold pursuant to the 10b5-1 Plan.
F2 Included in this number are 60,303 unvested restricted stock units, 21,711 of which were granted on March 8, 2024 and shall vest through March 8, 2027, 14,512 of which were granted on March 8, 2023 and shall vest through March 8, 2026, 24,080 of which were granted on March 8, 2022 and shall vest through March 8, 2026, and 159 shares purchased pursuant to the DexCom, Inc. 2015 Employee Stock Purchase Plan.