Glen A. Taylor - 23 May 2024 Form 4 Insider Report for Envoy Medical, Inc. (COCH)

Role
Director, 10%+ Owner
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
23 May 2024
Net transactions value
$0
Form type
4
Filing time
28 May 2024, 16:13:49 UTC
Previous filing
04 Mar 2024
Next filing
24 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding COCH Class A Common Stock 2,953,607 23 May 2024 Direct
holding COCH Class A Common Stock 2,526,058 23 May 2024 By Taylor Sports Group F1
holding COCH Class A Common Stock 4,810,384 23 May 2024 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 COCH Warrant (right to buy) Award $0 +250,000 $0.000000 250,000 23 May 2024 Class A Common Stock 250,000 $3.04 GAT Funding, LLC F2, F4
holding COCH Series A Preferred Stock 1,000,000 23 May 2024 Class A Common Stock 869,565 $11.50 GAT Funding, LLC F2, F3
holding COCH Warrant (right to buy) 500,000 23 May 2024 Class A Common Stock 500,000 $1.24 GAT Funding, LLC F2
* 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 Fully exercisable and there is no expiration date.
F4 In connection with the Issuer's draw under the promissory note issued in February 2024 to GAT Funding, LLC, this warrant was issued as a commitment fee, as described in more detail under Item 1.01 in the Issuer's 8-K as filed with the SEC on May 24, 2024.