Eric Schlorff - Jun 23, 2023 Form 4 Insider Report for SeaStar Medical Holding Corp (ICU)

Role
Chief Executive Officer, Director
Signature
/s/ Eric Schlorff
Stock symbol
ICU
Transactions as of
Jun 23, 2023
Transactions value $
$0
Form type
4
Date filed
6/27/2023, 04:01 PM
Previous filing
Apr 10, 2023
Next filing
Nov 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ICU Common Stock, par value $0.0001 per share Award $0 +417K +157.5% $0.00 682K Jun 23, 2023 Direct F1, F2

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 ICU Stock Option (Right to Buy) 99.7K Jun 23, 2023 Common Stock 99.7K $1.84 Direct F3
holding ICU Stock Option (Right to Buy) 18K Jun 23, 2023 Common Stock 18K $10.00 Direct F4
holding ICU Stock Option (Right to Buy) 84K Jun 23, 2023 Common Stock 84K $0.53 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents fully vested shares of common stock issued to the Reporting Person pursuant to the Issuer's equity incentive plan. Such fully vested shares of common stock are issued as payment for the occurrence of an exit event bonus under that certain Transaction Bonus Agreement, dated as of December 23, 2021, as amended, between the Issuer and the Reporting Person.
F2 Includes 66,483 shares of the Issuer's common stock subject to restricted stock units (RSUs), all of which will vest, subject to continued service, on April 6, 2024.
F3 All options reported herein will vest, subject to continued service, on April 6, 2024.
F4 These options are fully vested.
F5 The option vests with respect to (i) twenty-five percent (25%) of the shares upon completion of one (1) year of service measured from February 20, 2020 and (ii) the balance of the shares subject to the option in a series of thirty-six (36) successive equal monthly installments upon completion of each additional month of service over the thirty-six (36)-month period measured from February 20, 2021.