Daniel S. Goldberger - Jun 5, 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
Jun 5, 2024
Transactions value $
$248,790
Form type
4
Date filed
6/6/2024, 08:30 AM
Previous filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECOR Common Stock Purchase $248K +38.5K +18.24% $6.43 250K Jun 5, 2024 Direct F1, F2, F3

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 ECOR Warrants to Purchase Common Stock Purchase $1.2K +19.3K $0.06* 19.3K Jun 5, 2024 Common Stock 19.3K $6.43 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 5, 2024, pursuant to a private placement offering by the Issuer, the Reporting Person acquired 38,505 Units, each Unit consisting of (i) one share of the Issuer's Common Stock and (ii) one Warrant to purchase one-half share of the Issuer's Common Stock. The combined purchase price in the Offering was $6.4925 per Unit, inclusive of $6.43 per share of Common Stock and $0.0625 per Warrant. Each Warrant entitles the holder thereof to purchase one half of a share of Common Stock, is immediately exercisable from the date of issuance at an exercise price of $6.43 per share, and expires five years after issuance.
F2 Includes an additional previously issued 75,000 shares issuable pursuant to Restricted Stock Units that will potentially vest in one-third increments on each of January 16, 2025, January 16, 2026, and January 16, 2027. All such unvested shares were previously reported on a Form 4 filing at the time of grant.
F3 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.