Adam Laponis - Jun 29, 2021 Form 4 Insider Report for Eargo, Inc. (EAR)

Role
Chief Financial Officer
Signature
/s/ Christy La Pierre, Attorney-in-Fact for Adam Laponis
Stock symbol
EAR
Transactions as of
Jun 29, 2021
Transactions value $
-$358,800
Form type
4
Date filed
7/1/2021, 05:32 PM
Previous filing
May 19, 2021
Next filing
Aug 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EAR Common Stock Options Exercise $25.5K +10K +16.51% $2.55 70.6K Jun 29, 2021 Direct
transaction EAR Common Stock Sale -$384K -10K -14.17% $38.43* 60.6K Jun 29, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EAR Stock Option (Right to Buy) Options Exercise $0 -10K -6.96% $0.00 134K Jun 29, 2021 Common Stock 10K $2.55 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The stock option is partially vested and shall vest and become exercisable with respect to 25% of the shares subject to the stock option on the first anniversary of June 3, 2019 (the "Vesting Start Date") and one forty-eighth (1/48th) of the shares of subject to the option shall vest and become exercisable on each monthly anniversary thereafter until all of the shares subject to the stock option have vested and became exercisable on the fourth anniversary of the Vesting Start Date, so long as the Reporting Person remains an employee, consultant, director or officer of the Issuer through each such date.
F3 The Vesting Start Date, vesting schedule and the expiration date were previously misreported in a Form 3 filed on October 15, 2020.