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
                                                                                  
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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 *

Mahboob Vaseem
2. Issuer Name and Ticker or Trading Symbol

ENDOLOGIX INC /DE/ [ ELGX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chief Financial Officer
(Last)          (First)          (Middle)

2 MUSICK
3. Date of Earliest Transaction (MM/DD/YYYY)

9/27/2019
(Street)

IRVINE, CA 92618
(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

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
Option to Purchase  $135.6  9/27/2019    D        13702 (1)  10/15/2016  10/15/2025  Common Stock  13702.0  $0 (2) 0  D   
Option to Purchase  $75.3  9/27/2019    D        11594 (3)  3/4/2016  2/4/2026  Common Stock  11594.0   (2) 0  D   
Option to Purchase  $48.2  9/27/2019    D        10999 (3)  6/30/2017  5/31/2027  Common Stock  10999.0   (2) 0  D   
Option to Purchase  $4.71  9/27/2019    A     10959 (4)     9/10/2020  9/10/2026  Common Stock  10959.0   (2) 10959  D   

Explanation of Responses:
(1)  Twenty-five percent of the options vested upon one year of service and the remaining balance continued to vest in equal monthly installments thereafter.
(2)  The issuer cancelled, pursuant to the issuer's option exchange program which expired on September 9, 2019, (i) an option for 13,702 shares of common stock granted to the reporting person on October 15, 2015, (ii) an option for 11,594 shares of common stock granted to the reporting person on February 4, 2016, and (iii) an option for 10,999 shares of common stock granted to the reporting person on May 31, 2017. In exchange, the reporting person received a new stock option, for 10,959 shares, having an exercise price of $4.71 per share, which is equal to the closing price per share of the common stock on the NASDAQ Global Market on September 10, 2019.
(3)  Options vested ratably over forty-eight months.
(4)  The options vest in three equal annual installments over a three-year period commencing on September 10, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Mahboob Vaseem
2 MUSICK
IRVINE, CA 92618


Chief Financial Officer

Signatures
Vaseem Mahboob by Timothy N. Brady Attorney-in-Fact for Reporting Person 10/1/2019
**Signature of Reporting Person Date


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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.
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