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Insider Trading Arrangements
 3 Months Ended
Mar. 31, 2024
shares
Neil Peterson [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On March 11, 2024, Neil Peterson, our Chief Operating Officer, adopted a trading arrangement (the “Peterson Rule 10b5-1 Trading Plan”) for the sale of shares of Common Stock that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c). The Peterson Rule 10b5-1 Trading Plan, which has a term of approximately one year, provides for sales of up to 7,500 shares of Common Stock pursuant to the terms of the plan.
Name Neil Peterson
Title Chief Operating Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 11, 2024
Arrangement Duration 1 year
Aggregate Available 7,500
Raul Parra [Member]  
Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

On March 15, 2024, Raul Parra, our Chief Financial Officer and Treasurer, adopted a trading arrangement (the “Parra Rule 10b5-1 Trading Plan”) for the sale of shares of Common Stock that is intended to satisfy the affirmative defense conditions of Exchange Act Rule 10b5-1(c). The Parra Rule 10b5-1 Trading Plan, which has a term of approximately 22 months, provides for the sale of shares of Common Stock issuable under the terms of certain performance stock units granted to Mr. Parra by Merit. The exact number of shares of Common Stock that will be issued to Mr. Parra under the terms of the applicable performance stock units, and then subject to sale pursuant to the terms of the Parra Rule 10b5-1 Trading Plan, is currently unknown and will depend upon the achievement of certain corporate financial metrics.
Name Raul Parra
Title Chief Financial Officer
Rule 10b5-1 Arrangement Adopted true
Adoption Date March 15, 2024
Arrangement Duration 22 months