SVP of TREACE MEDICAL CONCEPTS, INC. just cashed-in 25,000 options

Sean F. Scanlan, SVP of TREACE MEDICAL CONCEPTS, INC., recently cashed-in 25,000 options. The options were exercised at $1.57, while the disposals took place between $21.53 and $22.20 per share, on November 10, 2021. Scanlan no longer owns any shares of the company. Scanlan operates out of Ponte Vedra, FL. Some additional info was provided as follows:


Transactions made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $21.14 to $22.13 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full inf ormation regarding the number of shares sold at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $22.15 to $22.26 inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The stock option is partially vested and will vest with respect to the remaining shares in equal annual installments, so that the options will be fully vested on April 23, 2023.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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