John Kenneth Paglia - 01 Dec 2021 Form 3 Insider Report for Aeluma, Inc. (ALMU)

Role
Director
Signature
/s/ John Kenneth Paglia
Issuer symbol
ALMU
Transactions as of
01 Dec 2021
Net transactions value
$0
Form type
3
Filing time
05 Apr 2022, 12:00:13 UTC
Previous filing
03 Nov 2021
Next filing
26 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALMU Common Stock 12,500 01 Dec 2021 Direct

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 ALMU Common Stock Options 01 Dec 2021 Common Stock 12,500 $2.00 Direct F1
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 12,500 $2.00 Direct F1
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 2,500 $2.00 Direct
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 2,500 $2.00 Direct
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 2,500 $2.00 Direct
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 2,500 $2.00 Direct
holding ALMU Common Stock Options 01 Dec 2021 Common Stock 4,188 $2.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to Mr. Paglia's Director Agreement dated December 1, 2021, he received an option to purchase an aggregate 125,000 shares of the Issuer's common stock that vest in equal quarterly increments, with 50,000 earned for 1 year of service, an additional 37,500 earned for a second year of service, if re-elected, and the final 37,500 earned for a third year of service, if re-elected.
F2 Mr. Paglia is entitled to additional options for his service on our corporate governance committees: 10,000 as Chair of the Audit Committee, 3,750 as member of the compensation committee and 3,000 as member of the nomination/governance committee. All of those options are payable in quarterly increments with immediate vesting.