Joel R. Jung - May 2, 2022 Form 4 Insider Report for MINERVA SURGICAL INC (UTRS)

Role
CFO
Signature
Lenka Schvaigerova, Attorney-in-fact for Joel R Jung
Stock symbol
UTRS
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
4
Date filed
8/9/2022, 09:23 PM
Previous filing
Dec 17, 2021
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UTRS Common Stock Award $0 +60.2K +37.5% $0.00 221K May 2, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 60,198 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 24,500 of these 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 136,032 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.