Glen A. Taylor - 29 Sep 2023 Form 4 Insider Report for Envoy Medical, Inc. (COCH)

Signature
/s/ Andrew Nick as Attorney-in-Fact for Glen A. Taylor pursuant to a Power of Attorney previously filed
Issuer symbol
COCH
Transactions as of
29 Sep 2023
Net transactions value
-$1,304,350
Form type
4
Filing time
03 Oct 2023, 18:32:58 UTC
Next filing
04 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ANZU Class A Common Stock 2,953,607 29 Sep 2023 Direct
holding ANZU Class A Common Stock 2,526,058 29 Sep 2023 By Taylor Sports Group F1
holding ANZU Class A Common Stock 4,810,384 29 Sep 2023 By GAT Funding, LLC 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
transaction ANZU $10,000,000 Convertible Note Conversion of derivative security $10,000,000 -1,000,000 -100% $10.00 0 29 Sep 2023 Series A Preferred Stock 1,000,000 Direct F3, F4
transaction ANZU Series A Preferred Stock Conversion of derivative security $8,695,650 +869,565 $10.00 869,565 29 Sep 2023 Class A Common Stock 869,565 $11.50 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is the owner and chairman of Taylor Sports Group.
F2 GAT Funding, LLC is an entity controlled by the Reporting Person.
F3 Represents the conversion of Reporting Person's $10,000,000 Envoy Bridge Note into shares of Series A Preferred Stock at $10 per share.
F4 Fully exercisable and there is no expiration date.