FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Karras Nolan E.
2. Issuer Name and Ticker or Trading Symbol

MERIT MEDICAL SYSTEMS INC [ MMSI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1600 WEST MERIT PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

6/19/2019
(Street)

SOUTH JORDAN, UT 84095
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, No Par Value                  4000   I   By IRA  
Common Stock, No Par Value                  2000   I   Trustee for Revocable Trust  
Common Stock, No Par Value   6/19/2019     M    6000   A $9.95   8000   D    
Common Stock, No Par Value   6/19/2019     S    4000   D $60.91   (1) 4000   D   (2)  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified stock options (right to buy)   $9.95   6/19/2019     M         6000    5/22/2014   (3) 5/22/2020   Common Stock   6000.0   $0   16000   D    
Non-qualified stock options (right to buy)   $13.99                    6/11/2015   (4) 6/11/2021   Common Stock   25000.0     25000   D    
Non-qualified stock options (right to buy)   $20.27                    5/22/2016   (5) 5/22/2022   Common Stock   25000.0     25000   D    
Non-qualified stock options (right to buy)   $18.8                    5/26/2017   (6) 5/26/2023   Common Stock   25000.0     25000   D    
Non-qualified stock options (right to buy)   $34.4                    5/24/2018   (7) 5/24/2024   Common Stock   25000.0     25000   D    
Non-qualified stock options (right to buy)   $50.5                    6/7/2019   (8) 6/7/2025   Common Stock   25000.0     25000   D    
Non-qualified stock options (right to buy)   $52.17                    5/24/2020   (9) 5/24/2026   Common Stock   13750.0     13750   D    
Non-qualified stock options (right to buy)   $52.17                    5/31/2020   (10) 5/31/2026   Common Stock   7500.0     7500   D    

Explanation of Responses:
(1)  The price reported in Column 4 of Table 1 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.815 to $60.980, inclusive. The Reporting Person undertakes to provide to Merit Medical Systems, Inc., any security holder of Merit Medical Systems, Inc., 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 Form 4.
(2)  Shares held jointly by the reporting person and his spouse.
(3)  Becomes exercisable in equal annual installments of 20% commencing 05/22/2014.
(4)  Becomes exercisable in equal annual installments of 20% commencing 06/11/2015.
(5)  Becomes exercisable in equal annual installments of 20% commencing 05/22/2016.
(6)  Becomes exercisable in equal annual installments of 20% commencing 05/26/2017.
(7)  Becomes exercisable in equal annual installments of 20% commencing 05/24/2018.
(8)  Becomes exercisable in equal annual installments of 20% commencing 06/07/2019.
(9)  Becomes exercisable in equal annual installments of 33% commencing 05/24/2020.
(10)  Becomes exercisable in equal annual installments of 33% commencing 05/31/2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Karras Nolan E.
1600 WEST MERIT PARKWAY
SOUTH JORDAN, UT 84095
X



Signatures
Brian G. Lloyd, Attorney-in-Fact 6/20/2019
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Merit Medical Systems (NASDAQ:MMSI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Merit Medical Systems Charts.
Merit Medical Systems (NASDAQ:MMSI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Merit Medical Systems Charts.