Patricia Wilber - Jun 5, 2024 Form 4 Insider Report for electroCore, Inc. (ECOR)

Role
Director
Signature
/s/ Ira Kotel, attorney-in-fact
Stock symbol
ECOR
Transactions as of
Jun 5, 2024
Transactions value $
$44,783
Form type
4
Date filed
6/6/2024, 08:32 AM
Previous filing
Aug 8, 2023
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECOR Common Stock Award $44.6K +6.93K +26.47% $6.43 33.1K 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 $217 +3.47K $0.06* 3.47K Jun 5, 2024 Common Stock 3.47K $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 6,931 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 7,500 shares that have vested pursuant to previously issued Restricted Stock Units; 2,500 of shares will vest monthly through March 15, 2025, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date. All such vested and unvested shares were previously reported on Form 4 filings at the time of grant.
F3 Includes 18,116 shares that have vested pursuant to previously issued Restricted Stock Units; 3,623 of shares will vest monthly through August 2, 2024, provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date. All such vested and unvested shares were previously reported on Form 4 filings at the time of grant.