X0306 4 2022-02-04 0 0000876378 ASENSUS SURGICAL, INC. ASXC 0001664960 Fernando Anthony C. J. C/O ASENSUS SURGICAL, INC. 1 TW ALEXANDER DRIVE, SUITE 160 DURHAM NC 27703 1 1 0 0 President and CEO Common Stock 2022-02-04 4 M 0 906380 0.00 A 1232619 D Common Stock 2022-02-04 4 F 0 409502 0.80 D 823117 D Stock Options 0.80 2022-02-04 4 A 0 578000 0.00 A 2029-02-04 Common Stock 578000 578000 D Restricted Stock Units 0.00 2022-02-04 4 A 0 486900 0.00 A Common Stock 486900 486900 D Restricted Stock Units 0.00 2022-02-04 4 A 0 486900 0.00 A Common Stock 486900 486900 D Restricted Stock Units 0.00 2022-02-04 4 A 0 280899 0.00 A Common Stock 280899 280899 D Restricted Stock Units 0.00 2022-02-04 4 M 0 80000 0.00 D Common Stock 80000 80000 D Restricted Stock Units 0.00 2022-02-04 4 M 0 8975 0.00 D Common Stock 8975 0 D Restricted Stock Units 0.00 2022-02-04 4 M 0 53333 0.00 D Common Stock 53333 53333 D Restricted Stock Units 0.00 2022-02-04 4 M 0 234086 0.00 D Common Stock 234086 468170 D Restricted Stock Units 0.00 2022-02-04 4 M 0 234086 0.00 D Common Stock 234086 468170 D Restricted Stock Units 0.00 2022-02-04 4 M 0 295900 0.00 D Common Stock 295900 0 D This transaction represents the payment of a tax liability on the lapse of forfeiture restrictions on a derivative security and acquisition of the underlying shares. Vests one-third annually on each of the first three anniversaries of the date of grant, subject to acceleration as set forth in the Registrant's Amended and Restated Incentive Compensation Plan ("Plan") and the Reporting Person's Employment Agreement with the Registrant ("Employment Agreement"). Each performance-based restricted stock unit ("PRSU") represents the right to receive one share of the Registrant's common stock. PRSU award with time-based vesting in three installments on the first three anniversaries of the date of grant, and performance-based vesting only if a designated corporate goal is achieved. Each restricted stock unit ("RSU") represents the right to receive one share of the Registrant's common stock. Forfeiture restrictions will lapse on the RSUs in three installments on each of the first three anniversaries of the date of grant, as long as the Reporting Person remains in continuous service during the vesting period, subject to acceleration as set forth in the Plan and the Reporting Person's Employment Agreement. Represents a discretionary retention bonus. Forfeiture restrictions will lapse on the RSUs on the first anniversary of the date of grant, as long as the Reporting Person remains in continuous service during the vesting period. Lapse of forfeiture restrictions on one-third of a PRSU award granted on June 8, 2020 upon the achievement of time and performance goals. Forfeiture restrictions will lapse on the remaining PRSUs on February 4, 2023, as long as the Reporting Person provides continuous service during the vesting period, subject to acceleration as set forth in the Registrant's Plan and the Reporting Person's Employment Agreement. Lapse of forfeiture restrictions on one-third of a RSU award granted on February 6, 2019. Lapse of forfeiture restrictions on one-third of a RSU award granted on June 8, 2020. Forfeiture restrictions will lapse on the remaining RSUs on February 4, 2023, as long as the Reporting Person remains in continuous service during the vesting period, subject to acceleration as set forth in the Registrant's Plan and the Reporting Person's Employment Agreement. Lapse of forfeiture restrictions on the first one-third of an award of RSUs from this grant made on February 8, 2021. The remaining RSUs will vest in two equal installments on February 4, 2023 and 2024, as long as the Reporting Person provides continuous service to the Company during the vesting period, and subject to acceleration as set forth in the Registrant's Incentive Compensation Plan and the Reporting Person's Employment Agreement. Lapse of forfeiture restrictions on one-third of a PRSU award granted on February 8, 2021 upon the achievement of time and performance goals. Forfeiture restrictions will lapse on the remaining PRSUs in two equal installments on each of February 4, 2023 and 2024, as long as the Reporting Person provides continuous service during the vesting period, subject to acceleration as set forth in the Registrant's Plan and the Reporting Person's Employment Agreement. Lapse of forfeiture restrictions on a discretionary retention award made on February 8, 2021. /s/Joshua Weingard, as Attorney-in-Fact for Anthony Fernando 2022-02-07