Danny L. Dearen - Sep 29, 2023 Form 4 Insider Report for Axonics, Inc. (AXNX)

Role
President & CFO
Signature
/s/ Danny L. Dearen
Stock symbol
AXNX
Transactions as of
Sep 29, 2023
Transactions value $
-$436,490
Form type
4
Date filed
10/3/2023, 07:37 PM
Previous filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXNX Common Stock Options Exercise $0 +11.3K +55.69% $0.00 31.5K Sep 29, 2023 Direct
transaction AXNX Common Stock Sale -$436K -7.68K -24.4% $56.87 23.8K Sep 29, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXNX Performance-Based Restricted Stock Units Options Exercise $0 -11.3K -100% $0.00* 0 Sep 29, 2023 Common Stock 11.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Danny L. Dearen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares of Issuer's common stock sold to cover the reporting person's tax obligation in connection with the conversion of the Performance-Based Restricted Stock Units disclosed herein.
F2 This transaction was executed in multiple trades at prices ranging from $56.51 to $57.30. 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.
F3 Each Performance-Based Restricted Stock Unit represents the contingent right to receive one share of common stock, subject to the Issuer's achievement of certain operational and performance objectives during the fiscal year ending December 31, 2023. The units represented here are pro-rated through the date of separation.