John Gandolfo - Dec 2, 2022 Form 4 Insider Report for electroCore, Inc. (ECOR)

Role: Director
Signature: /s/ John L. Cleary, II, attorney-in-fact
Stock symbol: ECOR
Transactions as of: Dec 2, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/6/2022, 08:30 PM
Previous filing: Jun 8, 2022
Next filing: Jan 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECOR	Common Stock	Award	$0	+206K	+96.48%	$0.00	419K	Dec 2, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents a grant of Deferred Stock Units as a part of an annual director award which vest in 12 equal monthly installments from the grant date; provided, however, that the Deferred Stock Units shall vest in full on the earlier of (i) the close of business one business day prior to the Issuer's next annual stockholder meeting on or after January 1, 2023, and (ii) the date immediately prior to a change of control, in each case, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date.
F2	Includes 182,000 shares that have vested pursuant to previously issued Deferred Stock Units; 12,500 of such shares will vest monthly through April 2, 2023. All such vested and unvested shares were previously reported on Form 4 filings at the time of grant.

Content

Represents a grant of Deferred Stock Units as a part of an annual director award which vest in 12 equal monthly installments from the grant date; provided, however, that the Deferred Stock Units shall vest in full on the earlier of (i) the close of business one business day prior to the Issuer's next annual stockholder meeting on or after January 1, 2023, and (ii) the date immediately prior to a change of control, in each case, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date.

Includes 182,000 shares that have vested pursuant to previously issued Deferred Stock Units; 12,500 of such shares will vest monthly through April 2, 2023. All such vested and unvested shares were previously reported on Form 4 filings at the time of grant.