Daniel S. Goldberger - Jan 16, 2024 Form 4 Insider Report for electroCore, Inc. (ECOR)

Role: Chief Executive Officer, Director
Signature: /s/ John L. Cleary, II, attorney-in-fact
Stock symbol: ECOR
Transactions as of: Jan 16, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/18/2024, 08:30 AM
Previous filing: Sep 19, 2023
Next filing: Jun 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECOR	Common Stock	Award	$0	+75K	+55.12%	$0.00	211K	Jan 16, 2024	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 Restricted Stock Units of the Issuer. The grant vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy.
F2	Includes an additional previously issued 50,000 shares issuable pursuant to Restricted Stock Units that will potentially vest in one-third increments on each of August 4, 2024, August 4, 2025, and August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant.

Content

Represents a grant of Restricted Stock Units of the Issuer. The grant vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy.

Includes an additional previously issued 50,000 shares issuable pursuant to Restricted Stock Units that will potentially vest in one-third increments on each of August 4, 2024, August 4, 2025, and August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant.