Mark Thorpe - Jan 16, 2022 Form 3 Insider Report for Eargo, Inc. (EAR)

Role: Chief Accounting Officer
Signature: /s/ Adam Laponis, Attorney-in-Fact for Mark Thorpe
Stock symbol: EAR
Transactions as of: Jan 16, 2022
Transactions value $: $0
Form type: 3
Date filed: 1/26/2022, 04:05 PM
Next filing: Aug 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	EAR	Common Stock						19.3K	Jan 16, 2022	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
holding	EAR	Stock Option (Right to Buy)							Jan 16, 2022	Common Stock	34K	$2.55	Direct	F2
holding	EAR	Stock Option (Right to Buy)							Jan 16, 2022	Common Stock	42K	$2.55	Direct	F3
holding	EAR	Stock Option (Right to Buy)							Jan 16, 2022	Common Stock	16.7K	$5.73	Direct	F4
holding	EAR	Stock Option (Right to Buy)							Jan 16, 2022	Common Stock	16.7K	$5.73	Direct	F5
holding	EAR	Stock Option (Right to Buy)							Jan 16, 2022	Common Stock	2.04K	$51.33	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes Restricted Stock Units ("RSUs") which vest in 16 quarterly installments commencing on February 15, 2021, so long as the Reporting Person remains an employee, consultant, director or officer of the Issuer through each such date. Each RSU represents a contingent right to receive one (1) share of common stock of the Issuer.
F2	The stock option shall vest and become exercisable with respect to one-fourth (1/4th) of the shares subject to the stock option on the first anniversary of September, 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 become 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 stock option shall vest and become exercisable with respect to one forty-eighth (1/48th) of the shares subject to the stock option on the one month anniversary of August 3, 2020 (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 become 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.
F4	The stock option shall vest and become exercisable with respect to one forty-eighth (1/48th) of the shares subject to the stock option on the one month anniversary of September 18, 2020 (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 become 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.
F5	The stock option shall vest and become exercisable with respect to one forty-eighth (1/48th) of the shares subject to the stock option on the one month anniversary of October 20, 2020 (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 become 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.
F6	The stock option shall vest and become exercisable in 16 quarterly installments commencing on February 15, 2021 (the "Vesting Start Date") until all of the shares subject to the stock option have vested and become 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.