Form 4 for ELUT ELUTIA INC.
Accepted 2023-04-28 00:00:00 ET · period of report 2023-04-27 · accession 0001415889-23-007019 · 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 | 2023-04-28 | 2023-04-27 | ELUT | Mills C Randal | Pres AND CEO, Dir | M - OptEx | $0.00 | +44.9K | 48.0K | +1,468% | $0 |
| D | 2023-04-28 | 2023-04-27 | ELUT | Mills C Randal | Pres AND CEO, Dir | M - OptEx | $0.00 | -44.9K | 89.9K | -33% | $0 |
| DM | 2023-04-28 | 2023-04-27 | ELUT | Mills C Randal | Pres AND CEO, Dir | A - Grant | $0.00 | +224.7K | 134.8K | New | $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 | 2023-04-27 | M | A | 44,947 | $0.00 | 48,008 | D | — | — | (F1) Includes 3,061 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan. |
| 2 | Derivative | Restricted Stock Units | 2023-04-27 | M | D | 44,947 | $0.00 | 89,893 | D | — · — to — | 44,947 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. (F3) One-third of the shares underlying these restricted stock units are immediately vested. The remaining two-thirds of the underlying shares vest in four equal annual installments on June 21, 2023, June 21, 2024, June 21, 2025 and June 21, 2026. |
| 3 | Derivative | Restricted Stock Units | 2023-04-27 | A | A | 89,894 | $0.00 | 89,894 | D | — · — to — | 89,894 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. (F4) The restricted stock units vest in four equal installments upon the Issuer's achievement of a per share price equal to or greater than $12.50, $17.00, $25.00 and $37.00 in each case determined based on twenty consecutive days of trading at or above the applicable threshold subject to the Reporting Person's continuous employment with the Issuer through the vesting date. |
| 4 | Derivative | Restricted Stock Units | 2023-04-27 | A | A | 134,840 | $0.00 | 134,840 | D | — · — to — | 134,840 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock. (F3) One-third of the shares underlying these restricted stock units are immediately vested. The remaining two-thirds of the underlying shares vest in four equal annual installments on June 21, 2023, June 21, 2024, June 21, 2025 and June 21, 2026. |