Emily Fairbairn - Apr 2, 2024 Form 4 Insider Report for Movano Inc. (MOVE)

Role
Director
Signature
Emily Fairbairn by Mark R. Busch, attorney-in-fact
Stock symbol
MOVE
Transactions as of
Apr 2, 2024
Transactions value $
$0
Form type
4
Date filed
4/4/2024, 05:30 PM
Previous filing
Nov 15, 2023
Next filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOVE Common Stock Purchase +4.69M +1589.83% 4.99M Apr 2, 2024 See footnote F1, F2
holding MOVE Common Stock 403K Apr 2, 2024 Direct
holding MOVE Common Stock 529K Apr 2, 2024 See footnote F3

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 MOVE Warrant to Purchase Common Stock Purchase +4.69M 4.69M Apr 2, 2024 Common Stock 4.69M $0.41 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 2, 2024, the reporting person purchased 4,690,000 units (each, a "Unit") from the Company in a private placement. Each Unit consists of one share of Common Stock and one warrant (a "Warrant") to purchase one share of Common Stock. The price per Unit was $0.533, which amount includes $0.125 per Warrant underlying each Unit.
F2 The securities are held by the Malcolm P. Fairbairn and Emily T. Fairbairn Charitable Remainder Unitrust ("Fairbairn Unitrust"). Emily Fairbairn has voting and investment power over the securities held by Fairbairn Unitrust. Ms. Fairbairn disclaims beneficial ownership of the securities held by Fairbairn Unitrust, except to the extent of her and her spouse's pecuniary interest therein.
F3 The securities are held by Valley High Limited Partnership ("Valley High"). Emily Fairbairn has voting and investment power over the shares held by Valley High.