This Amendment No. 5 to Schedule 14D-9 (this
“Amendment”) amends and supplements the Solicitation/Recommendation Statement on Schedule 14D-9 previously filed by Inari Medical, Inc., a Delaware corporation (the
“Company”), with the U.S. Securities and Exchange Commission (the “SEC”) on January 17, 2025 (together with any exhibits and annexes thereto and as amended or supplemented from time to time, the
“Schedule 14D-9”). This Schedule 14D-9 relates to the Tender Offer Statement on Schedule TO filed with the SEC on January 17, 2025 (together with
any amendments and supplements thereto, the “Schedule TO”) by (i) Stryker Corporation, a Michigan corporation (“Parent”), and (ii) Eagle 1 Merger Sub, Inc., a Delaware corporation and wholly owned
subsidiary of Parent (“Merger Sub”). The Schedule TO relates to the tender offer by Merger Sub to acquire all of the outstanding shares of common stock of the Company at a per share offer price of $80.00, net to the seller in cash,
without interest and subject to any applicable tax withholding, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated January 17, 2025 (as it may be amended or supplemented from time to time), and the related
Letter of Transmittal (as it may be amended or supplemented from time to time), copies of which were incorporated by reference into the Schedule 14D-9 as Exhibits (a)(1)(A) and (a)(1)(B), respectively.
Capitalized terms used but not otherwise defined in this Amendment shall have the meanings ascribed to them in the Schedule 14D-9.
Except as set forth below, the information set forth in the Schedule 14D-9 remains unchanged and is incorporated
herein by reference as relevant to the items in this Amendment.
ITEM 8. ADDITIONAL INFORMATION
Item 8 of the Schedule 14D-9 is hereby amended and supplemented as follows:
The following text is added as a new section titled “—Expiration of the Offer; Completion of the Merger” immediately before the
section titled “—Annual and Quarterly Reports”:
“The Offer and related withdrawal rights expired as scheduled at one
minute following 11:59 p.m., New York City time, on February 18, 2025 (such time, the “Expiration Time”), and the Offer was not extended. Parent and Merger Sub were advised by Equiniti Trust Company, LLC, the depository for the
Offer, that, as of the Expiration Time, a total of 48,504,444 Shares had been validly tendered (excluding any Shares tendered in the Offer that have not yet been “received” by the “depository” (as such terms are defined in
Section 251(h)(6) of the DGCL)) and not validly withdrawn pursuant to the Offer, representing approximately 81.69% of the issued and outstanding Shares as of the Expiration Time. As of the Expiration Time, the number of Shares validly tendered
(excluding any Shares tendered in the Offer that have not yet been “received” by the “depository” (as such terms are defined in Section 251(h)(6) of the DGCL)) and not validly withdrawn pursuant to the Offer satisfied the
Minimum Condition.
Merger Sub accepted all Shares validly tendered and not validly withdrawn pursuant to the Offer, and payment of the Offer
Consideration for such Shares will be made promptly in accordance with the terms of the Offer and the Merger Agreement. Following acceptance for payment of the Shares, Merger Sub owned sufficient Shares to effect the Merger under Section 251(h)
of the DGCL, without a vote of Inari’s stockholders. Accordingly, the Merger closed on February 19, 2025, with Merger Sub merging with and into Inari, with Inari continuing as the surviving corporation in the Merger and a wholly owned
subsidiary of Parent.
The Shares will be delisted and will cease to trade on the Nasdaq Global Select Market. Parent intends to take steps to cause the
termination of the registration of the Shares under the Exchange Act and suspend all of Inari’s reporting obligations under the Exchange Act as promptly as practicable.”
