Alfred J. Ford Jr - Aug 15, 2023 Form 4 Insider Report for Axonics, Inc. (AXNX)

Signature
/s/ Dan Dearen, as Attorney-in-Fact for Alfred J. Ford, Jr.
Stock symbol
AXNX
Transactions as of
Aug 15, 2023
Transactions value $
-$920,671
Form type
4
Date filed
8/17/2023, 08:47 PM
Previous filing
Aug 1, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXNX Common Stock Sale -$921K -14.8K -29.94% $62.34 34.6K Aug 15, 2023 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 This sale was effected pursuant to the Reporting Person's Rule 10b5-1 trading plan entered into on March 17, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $62.00 to $62.68. The price reported above reflects the weighted average 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.