Michael D. McNeil - Dec 16, 2021 Form 4 Insider Report for Sanara MedTech Inc. (SMTI)

Role
Chief Financial Officer
Signature
/s/ Michael D. McNeil
Stock symbol
SMTI
Transactions as of
Dec 16, 2021
Transactions value $
-$51,801
Form type
4
Date filed
12/20/2021, 03:15 PM
Next filing
Dec 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMTI Common Stock Tax liability -$39.5K -864 -7.27% $45.67 11K Dec 16, 2021 Direct F1
transaction SMTI Common Stock Tax liability -$6.94K -152 -1.38% $45.67 10.9K Dec 16, 2021 Direct F2
transaction SMTI Common Stock Tax liability -$5.4K -152 -1.4% $35.53 10.7K Dec 16, 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock of Sanara MedTech, Inc. (the "Issuer") withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 3,546 shares of restricted stock granted to the reporting person on February 24, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F2 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 624 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.
F3 Represents shares of common stock of the Issuer withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 623 shares of restricted stock granted to the reporting person on September 30, 2020. No shares were issued or sold in this transaction. The per-share value assigned to the shares withheld reflects the price per share on the date on which the shares vested as reported on the Nasdaq Capital Market.