0001209191-21-039704.txt : 20210610
0001209191-21-039704.hdr.sgml : 20210610
20210610204006
ACCESSION NUMBER: 0001209191-21-039704
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210608
FILED AS OF DATE: 20210610
DATE AS OF CHANGE: 20210610
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Fernando Anthony C. J.
CENTRAL INDEX KEY: 0001664960
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19437
FILM NUMBER: 211009675
MAIL ADDRESS:
STREET 1: 635 DAVIS DRIVE
STREET 2: SUITE 300
CITY: MORRISVILLE
STATE: NC
ZIP: 27560
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ASENSUS SURGICAL, INC.
CENTRAL INDEX KEY: 0000876378
STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841]
IRS NUMBER: 112962080
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 TW ALEXANDER DRIVE
STREET 2: SUITE 160
CITY: DURHAM
STATE: NC
ZIP: 27703
BUSINESS PHONE: 919-765-8400
MAIL ADDRESS:
STREET 1: 1 TW ALEXANDER DRIVE
STREET 2: SUITE 160
CITY: DURHAM
STATE: NC
ZIP: 27703
FORMER COMPANY:
FORMER CONFORMED NAME: TRANSENTERIX, INC.
DATE OF NAME CHANGE: 20190712
FORMER COMPANY:
FORMER CONFORMED NAME: TRANSENTERIX INC.
DATE OF NAME CHANGE: 20131210
FORMER COMPANY:
FORMER CONFORMED NAME: SafeStitch Medical, Inc.
DATE OF NAME CHANGE: 20080211
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-06-08
0
0000876378
ASENSUS SURGICAL, INC.
ASXC
0001664960
Fernando Anthony C. J.
C/O ASENSUS SURGICAL, INC.
1 TW ALEXANDER DRIVE, SUITE 160
DURHAM
NC
27703
1
1
0
0
President and CEO
Common Stock
2021-06-08
4
M
0
550000
0.00
A
685126
D
Common Stock
2021-06-08
4
F
0
245850
3.37
D
439276
D
Common Stock
2021-06-08
4
S
0
2112.1
3.51
D
437163.9
D
Common Stock
2021-06-09
4
M
0
183338
0.82
A
620501.9
D
Common Stock
2021-06-09
4
S
0
183338
3.10
D
437163.9
D
Common Stock
2021-06-09
4
S
0
112343.6
3.10
D
324820.3
D
Restricted Stock Units
0.00
2021-06-08
4
M
0
550000
0.00
D
Common Stock
550000
0
D
Stock Option
0.82
2021-06-09
4
M
0
183338
0.00
D
2021-06-08
2027-06-08
Common Stock
183338
366662
D
Lapse of forfeiture restrictions on one grant of restricted stock units ("RSUs") awarded on June 8, 2020.
This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares.
The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.50 to $3.525 inclusive. The reporting person undertakes to provide to Asensus Surgical, Inc., any security holder of Asensus Surgical, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
The sale price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.0 to $3.19 inclusive. The reporting person undertakes to provide to Asensus Surgical, Inc., any security holder of Asensus Surgical, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
Prior to the transactions reported on this Form 4 the reporting person owned 135,126 shares of the Company's common stock. Following the vesting and sale transactions reported on this Form 4, the reporting person increased his ownership of the Company's common stock by approximately 190,000 shares. The reporting person also holds stock options to acquire 575,269 shares of common stock, of which approximately 31% are vested, and restricted stock units representing an additional 278,206 shares of common stock subject to forfeiture restrictions.
Each RSU represents the right to receive one share of the Registrant's common stock.
Lapse of forfeiture restrictions on the 550,000 RSUs from this grant made on June 8, 2020.
/s/ Joshua Weingard, as attorney in fact for Anthony Fernando
2021-06-10