Eric Schlorff - Aug 15, 2023 Form 4/A - Amendment Insider Report for SeaStar Medical Holding Corp (ICU)

Role
Chief Executive Officer, Director
Signature
/s/ Eric Schlorff
Stock symbol
ICU
Transactions as of
Aug 15, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/28/2023, 09:40 PM
Date Of Original Report
Aug 17, 2023
Previous filing
Jun 27, 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 +20.3K +2.98% $0.00 702K Aug 15, 2023 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 ICU Stock Option (Right to Buy) 99.7K Aug 15, 2023 Common Stock 99.7K $1.84 Direct F2
holding ICU Stock Option (Right to Buy) 18K Aug 15, 2023 Common Stock 18K $10.00 Direct F3
holding ICU Stock Option (Right to Buy) 84K Aug 15, 2023 Common Stock 84K $0.53 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported in this transaction are issued to the Reporting Person in lieu of cash compensation previously approved by the Compensation Committee. Due to an administrative error, the Form 4 filed for the Reporting Person on August 17, 2023 inadvertently overstated the number of shares of Common Stock issued to the reporting person on August 15, 2023 by 859 shares. This error has been corrected on this Form 4.
F2 All options reported herein will vest, subject to continued service, on April 6, 2024, the first anniversary of the date of grant.
F3 These options are fully vested.
F4 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.