Steven Foster - May 22, 2023 Form 4 Insider Report for Tenon Medical, Inc. (TNON)

Role
CEO and President, Director
Signature
/s/ Steven Foster
Stock symbol
TNON
Transactions as of
May 22, 2023
Transactions value $
$82,396
Form type
4
Date filed
5/24/2023, 07:37 PM
Previous filing
May 16, 2022
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TNON Common Stock Options Exercise $117K +72.5K $1.62 72.5K May 22, 2023 Direct F1
transaction TNON Common Stock Sale -$35K -27.8K -38.34% $1.26 44.7K May 23, 2023 Direct

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
holding TNON Restricted Stock Units 145K May 22, 2023 Common Stock 145K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were issued pursuant to the vesting of Restricted Stock Units.
F2 These units are on a 3 year vesting schedule, for the first year they vest on an annual basis and thereafter they vest on a semi-annual basis.
F3 217,453 RSUs were initially granted on May 12, 2022. 72,477 RSUs vested as of May 22, 2023.