Merit Medical CLO gifts 2,000 company shares
MERIT MEDICAL SYSTEMS INC chief legal officer Brian G. Lloyd reported a bona fide charitable gift of 2,000 shares of common stock at a reported price of $0.00 per share.
Rhea-AI Filing Summary
MERIT MEDICAL SYSTEMS INC chief legal officer Brian G. Lloyd reported a bona fide charitable gift of 2,000 shares of common stock at a reported price of $0.00 per share. The filing notes that no consideration was received for this transaction.
Following the gift, he directly holds 60,132 common shares and also has indirect ownership of 2,000 shares through a 401(k) plan. In addition, he retains several grants of non-qualified stock options to buy common stock at exercise prices ranging from $37.71 to $70.58, with expiration dates between 2027 and 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares gifted
Gift
6 txns
Insider
Lloyd Brian G.
Role
CHIEF LEGAL OFFICER, SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, No Par Value | 2,000 | $0.00 | $0.00 |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Non-qualified stock options (right to buy) | -- | -- | -- |
| holding | Common Stock, No Par Value | -- | -- | -- |
Holdings After Transaction:
Common Stock, No Par Value — 60,132 shares (Direct);
Non-qualified stock options (right to buy) — 48,073 contracts (Direct);
Common Stock, No Par Value — 2,000 shares (Indirect, By 401(k) plan)
Footnotes (5)
- F1. Represents a bona fide charitable gift of shares. No consideration was received for the transaction
- F2. Become exercisable in equal annual installments of 25% commencing on 02/26/2021.
- F3. Become exercisable in equal annual installments of 25% commencing on 03/19/2022.
- F4. Becomes exercisable in equal annual installments of 25% commencing 02/28/2023.
- F5. Become exercisable in equal annual installments of 25% commencing on 02/28/2024.
Key Figures
Gifted shares: 2,000 shares
Direct common shares after transaction: 60,132 shares
Indirect 401(k) shares: 2,000 shares
+5 more
8 metrics
Gifted shares
2,000 shares
Bona fide charitable gift of common stock
Direct common shares after transaction
60,132 shares
Direct ownership following 2,000-share gift
Indirect 401(k) shares
2,000 shares
Common Stock, No Par Value held via 401(k) plan
Option strike price
$37.71/share
Non-qualified stock options expiring 2027-02-26
Option strike price
$56.25/share
Non-qualified stock options expiring 2028-03-19
Option strike price
$65.03/share
Non-qualified stock options expiring 2029-02-28
Option strike price
$70.58/share
Non-qualified stock options expiring 2030-02-28
Gift price per share
$0.00
Reported price for 2,000-share bona fide gift
Key Terms
bona fide gift, Non-qualified stock options (right to buy), 401(k) plan, Common Stock, No Par Value, +1 more
5 terms
bona fide gift financial
"Represents a bona fide charitable gift of shares. No consideration was received"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Non-qualified stock options (right to buy) financial
"Non-qualified stock options (right to buy) with underlying Common Stock"
401(k) plan financial
"Common Stock, No Par Value held indirect by 401(k) plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Common Stock, No Par Value financial
"security_title: Common Stock, No Par Value"
exercise price financial
"conversion_or_exercise_price values such as 37.7100 and 70.5800"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MMSI executive Brian G. Lloyd report?
Brian G. Lloyd reported a bona fide charitable gift of 2,000 MMSI shares. The filing describes it as a gift with no consideration received, meaning he did not receive cash or other value in return for transferring the common stock.
What stock options does MMSI executive Brian G. Lloyd still hold?
He holds several non-qualified stock option grants on MMSI common stock. These include tranches with exercise prices of $37.71, $56.25, $65.03, and $70.58 per share, with expiration dates ranging from 2027 through 2030, all reported as direct holdings.
Does the MMSI Form 4 filing show any open-market buying or selling by Brian G. Lloyd?
The filing does not show any open-market purchases or sales. It reports one bona fide gift of 2,000 shares and several option and share holdings, with transaction summaries indicating no buys or sells and one gift disposition.
AI-generated analysis. How Rhea-AI works. Not financial advice.
