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