SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
TUSA DAVID P

(Last) (First) (Middle)
9220 KIRBY DRIVE
SUITE 500

(Street)
HOUSTON TX 77054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SHARPS COMPLIANCE CORP [ SMED ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 04/30/2021 M(1) 48,125 A $4.3 136,213 D
Common Stock 04/30/2021 S(2) 48,125 D $17.7799 88,088 D
Common Stock 04/30/2021 M(3) 79,076 A $5.73 167,164 D
Common Stock 04/30/2021 S(2) 79,076 D $17.7799 88,088 D
Common Stock 04/30/2021 M(4) 34,579 A $3.8 122,667 D
Common Stock 04/30/2021 S(5) 34,579 D $17.7023 88,088 D
Common Stock 05/03/2021 M(3) 20,924 A $5.73 109,012 D
Common Stock 05/03/2021 S(6) 20,924 D $17.3455 88,088 D
Common Stock 05/03/2021 M(7) 754 A $4.8 88,842 D
Common Stock 05/03/2021 S(8) 754 D $17.3239 88,088 D
Common Stock 05/03/2021 M(4) 33,312 A $3.8 121,400 D
Common Stock 05/03/2021 S(8) 33,312 D $17.3239 88,088 D
Common Stock 05/04/2021 M(4) 1,844 A $3.8 89,932 D
Common Stock 05/04/2021 S(9) 1,844 D $16.6412 88,088 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Sharps Compliance 2010 Stock Plan Options $4.3 04/30/2021 M(1) 48,125 11/20/2014 11/20/2021 Sharps Compliance 2010 Stock Plan Options 48,125 $4.3 559,270 D
Sharps Compliance 2010 Stock Plan Options $5.73 04/30/2021 M(3) 79,076 03/18/2016 03/18/2022 Sharps Compliance 2010 Stock Plan Options 79,076 $5.73 480,194 D
Sharps Compliance 2010 Stock Plan Options $3.8 04/30/2021 M(4) 34,579 02/13/2020 02/13/2026 Common Stock 34,579 $3.8 445,615 D
Sharps Compliance 2010 Stock Plan Options $5.73 05/03/2021 M(3) 20,924 03/18/2016 03/18/2022 Sharps Compliance 2010 Stock Plan Options 20,924 $5.73 424,691 D
Sharps Compliance 2010 Stock Plan Options $4.8 05/03/2021 M(7) 754 09/28/2018 09/28/2024 Common Stock 754 $4.8 423,937 D
Sharps Compliance 2010 Stock Plan Options $3.8 05/03/2021 M(4) 33,312 02/13/2020 02/13/2026 Common Stock 33,312 $3.8 390,625 D
Sharps Compliance 2010 Stock Plan Options $3.8 05/04/2021 M(4) 1,844 02/13/2020 02/13/2026 Common Stock 1,844 $3.8 388,781 D
Explanation of Responses:
1. Cashless exercise and immediate sale through a broker of a stock award granted on November 20, 2014. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan and were scheduled to expire on November 20, 2021.
2. This represents the weighted average sale of 127,201 shares. Shares were sold between a range of $17.67 and $17.93.
3. Cashless exercise and immediate sale through a broker of a stock award granted on March 18, 2015. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan and were scheduled to expire on March 18, 2022.
4. Cashless exercise and immediate sale through a broker of a stock award granted on February 13, 2019. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan and were scheduled to expire on February 13, 2026.
5. This represents the weighted average sale of 34,579 shares. Shares were sold between a range of $17.50 and $17.80.
6. This represents the weighted average sale of 20,924 shares. Shares were sold between a range of $17.31 and $17.50.
7. Cashless exercise and immediate sale through a broker of a stock award granted on September 28, 2017. All shares were issued under the Sharps Compliance Corp. 2010 Stock Plan and were scheduled to expire on September 28, 2024.
8. This represents the weighted average sale of 34,066 shares. Shares were sold between the range of $17 and $17.65.
9. This represents the weighted average sale of 1,844 shares. Shares were sold between the range of $16.50 and $16.70.
Remarks:
Diana Diaz, on behalf of Reporting Person 05/04/2021
** 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).
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