Joel R. Jung - 21 Oct 2021 Form 3 Insider Report for MINERVA SURGICAL INC

Role
CFO
Signature
Lenka Schvaigerova, Attorney-in-fact for Joel R Jung
Issuer symbol
UTRS on OTC
Transactions as of
21 Oct 2021
Net transactions value
$0
Form type
3
Filing time
21 Oct 2021, 19:57:05 UTC
Next filing
17 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UTRS Common Stock 136,032 21 Oct 2021 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 UTRS Stock Option (Right to Buy) 21 Oct 2021 Common Stock 55,904 $13.12 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired pursuant to the exercise of an early-exercise option and remain subject to a right of repurchase by the Company, which shall lapse with respect to one-fourth of the shares on July 22, 2021 and with respect to one thirty-sixth of the remaining shares each month thereafter.
F2 One-fourth of the shares subject to the option vested on July 15, 2021 and one-thirty-sixth of the remaining shares vest on each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Remarks:

Exhibit 24 - Power of Attorney