Thomas J. Errico - 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, 08:32 PM
Previous filing: Nov 10, 2022
Next filing: Mar 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECOR	Common Stock	Award	$0	+206K	+13.49%	$0.00	1.73M	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	The Deferred Stock Units 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 1,465,002 shares of common stock beneficially owned directly by the Reporting Person; 19,454 shares of common stock beneficially owned by a trust for the benefit of the Reporting Person's family members; and 42,244 shares of common stock beneficially owned for the benefit of the Reporting Person indirectly by Core Ventures II, LLC, Core Ventures IV, LLC and certain other entities may be deemed to be controlled by the Reporting Person.

Content

The Deferred Stock Units 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 1,465,002 shares of common stock beneficially owned directly by the Reporting Person; 19,454 shares of common stock beneficially owned by a trust for the benefit of the Reporting Person's family members; and 42,244 shares of common stock beneficially owned for the benefit of the Reporting Person indirectly by Core Ventures II, LLC, Core Ventures IV, LLC and certain other entities may be deemed to be controlled by the Reporting Person.