Form 4: CONMED Corp Director John L. Workman Reports Transactions in Company Stock
SEC Form 4
Director John L. Workman reports acquisition and disposition of CONMED Corp stock and derivative securities.
Summary
- On May 31, 2024, Director John L. Workman disposed of 302 shares of Common Stock at $0 via the exercise of Restricted Stock Units (RSUs).
- Following this transaction, Workman directly owns 20,412 shares of CONMED Corp Common Stock.
- On June 3, 2024, Workman acquired 5,503 options to purchase Common Stock at a price of $77.18, exercisable from June 3, 2025, and expiring on June 3, 2034.
- On June 3, 2024, Workman acquired 479 Restricted Stock Units (RSUs) which vest on June 3, 2025.
- Workman has granted a Limited Power of Attorney to Heather L: Cohen, Lindsey F. Brewer, and Thomas Fistek to execute SEC filings on his behalf.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it primarily reports transactions without expressing positive or negative views.
Positives
- The acquisition of stock options and RSUs indicates a continued investment and alignment with the company's future performance.
Future Outlook
The document does not contain specific forward-looking statements regarding the company's future performance.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency regarding the actions of company directors and officers.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 2023/09/13 | Date of Power of Attorney execution |
| 2024/05/31 | Date of Common Stock disposition via RSU exercise |
| 2024/06/03 | Date of Stock Options and RSU acquisition |
| 2024/06/03 | Stock options exercisable from this date |
| 2024/06/04 | Date of Form 4 filing |
| 2025/06/03 | RSUs vesting date |
| 2034/06/03 | Stock options expiration date |
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