David M. Clapper - May 2, 2022 Form 4 Insider Report for MINERVA SURGICAL INC (UTRS)

Role
President and CEO, Director
Signature
Lenka Schvaigerova, Attorney-in-fact for David M Clapper
Stock symbol
UTRS
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
8/9/2022, 09:22 PM
Previous filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTRS Common Stock Award $0 +230K +245.7% $0.00 323K May 2, 2022 Direct F1, F2
holding UTRS Common Stock 643K May 2, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 229,732 of the securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 25% of the RSUs will vests on May 16, 2023, and additional 25% of the RSUs will vest annually thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 93,500 of the securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 100% of the RSUs vest on on December 15, 2022, subject to the Reporting Person continuing as a service provider on such date.
F3 These shares are held by David M. Clapper & Toni C. Clapper, Trustees of the Clapper Family Trust dated December 16, 2004.