Form 4 for ELUT ELUTIA INC.
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-08 · accession 0001415889-22-002866 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-03-10 | 2022-03-08 | ELUT | Roberts Darryl | EVP, Ops, PRODUCT DEV | M - OptEx | $0.00 | +938 | 3,329 | +39% | $0 |
| DM | 2022-03-10 | 2022-03-08 | ELUT | Roberts Darryl | EVP, Ops, PRODUCT DEV | A - Grant | $0.00 | +64.7K | 17.0K | New | $0 |
| D | 2022-03-10 | 2022-03-08 | ELUT | Roberts Darryl | EVP, Ops, PRODUCT DEV | M - OptEx | $0.00 | -938 | 2,812 | -25% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-03-08 | M | A | 938 | $0.00 | 3,329 | D | — | — | (F1) Restricted stock units convert into shares of Class A Common Stock on a one-for-one basis. (F2) Includes 2,391 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan. |
| 2 | Derivative | Stock Option (Right to Buy) | 2022-03-08 | A | A | 37,200 | $0.00 | 37,200 | D | $5.08 · — to 2032-03-08 | 37,200 Class A Common Stock | (F3) The option vests as to 25% of the shares on March 8, 2023 and in 12 equal quarterly installments thereafter, such that the option shall be fully vested and exercisable on March 8, 2026. |
| 3 | Derivative | Restricted Stock Units | 2022-03-08 | A | A | 10,440 | $0.00 | 10,440 | D | — · — to — | 10,440 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. (F5) The restricted stock units vest if the Issuer's Class A Common Stock achieves a price per share equal to or greater than $10.00 for any period of thirty (30) consecutive trading days prior to March 8, 2024. |
| 4 | Derivative | Restricted Stock Units | 2022-03-08 | M | D | 938 | $0.00 | 2,812 | D | — · — to — | 938 Class A Common Stock | (F1) Restricted stock units convert into shares of Class A Common Stock on a one-for-one basis. (F6) On March 8, 2021, the Reporting Person was granted 3,750 restricted stock units, vesting in four substantially equal annual installments beginning on March 8, 2022. |
| 5 | Derivative | Restricted Stock Units | 2022-03-08 | A | A | 17,024 | $0.00 | 17,024 | D | — · — to — | 17,024 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. (F7) The restricted stock units vest on September 8, 2022, subject to the Reporting Person's continuous employment with the Issuer through such vesting date. |