Joshua S. Lev - Oct 4, 2024 Form 3 Insider Report for electroCore, Inc. (ECOR)

Role: Chief Financial Officer
Signature: /s/ Ira L. Kotel, attorney-in-fact
Stock symbol: ECOR
Transactions as of: Oct 4, 2024
Transactions value $: $0
Form type: 3
Date filed: 10/4/2024, 05:05 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ECOR	Common Stock						16.3K	Oct 4, 2024	Direct	F1

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
holding	ECOR	Stock Option (Right to Buy)							Oct 4, 2024	Common Stock	20K	$4.50	Direct	F2
holding	ECOR	Stock Option (Right to Buy)							Oct 4, 2024	Common Stock	6.67K	$11.55	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Consists of 16,333 shares of Common Stock issuable pursuant to previously issued restricted stock units, (i) 333 of which will vest by February 9, 2025, and 16,000 of which will vest (i) with respect to 5,333 shares of Common Stock on each of January 12, 2025, January 12, 2026, and January 12, 2027, provided that (x) the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (y) 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	6,667 of such options are currently vested. The remaining options will vest (i) in two equal annual installments on each of July 31, 2024 and July 31, 2025, provided that (i) the Reporting Person remaining in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) 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.
F3	4,444 of such option are currently vested. The remaining options will vest on January 14, 2025, provided that (i) the Reporting Person remaining in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) 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.

Remarks:

On October 4, 2024, the Reporting Person assumed the role of Chief Financial Officer of the Issuer.