Joshua S. Lev - 15 Jan 2025 Form 4 Insider Report for electroCore, Inc. (ECOR)

Role: Chief Financial Officer
Signature: /s/ John L. Cleary, II, attorney-in-fact
Issuer symbol: ECOR
Transactions as of: 15 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 17 Jan 2025, 17:30:41 UTC
Previous filing: 04 Oct 2024
Next filing: 14 Nov 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECOR	Common Stock	Award	$0	+10,000	+61%	$0.000000	26,333	15 Jan 2025	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 16,333 shares of Common Stock issuable pursuant to previously issued restricted stock units: (i) 5,334 of such shares have vested; (ii) 333 shares of which will vest by February 9, 2025;and (iii) 10,666 shares of which will vest (a) with respect to 5,333 shares of Common Stock on each of 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.

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 16,333 shares of Common Stock issuable pursuant to previously issued restricted stock units: (i) 5,334 of such shares have vested; (ii) 333 shares of which will vest by February 9, 2025;and (iii) 10,666 shares of which will vest (a) with respect to 5,333 shares of Common Stock on each of 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.