Kwan-Hong Christopher Min - 04 Apr 2022 Form 4/A - Amendment Insider Report for Longeveron Inc. (LGVN)

Role
Chief Medical Officer
Signature
/s/ Paul Lehr, attorney-in-fact
Issuer symbol
LGVN
Transactions as of
04 Apr 2022
Net transactions value
$0
Form type
4/A - Amendment
Filing time
12 Apr 2022, 17:38:20 UTC
Date Of Original Report
06 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGVN Common Stock Award $0 +2,335 $0.000000 2,335 04 Apr 2022 Direct F1, F2
transaction LGVN Common Stock Tax liability $0 -357 -15% $0.000000 1,978 04 Apr 2022 Direct F3
transaction LGVN Common Stock Award $0 +150,000 +7583% $0.000000 151,978 04 Apr 2022 Direct F4, F5

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
transaction LGVN Stock Option (right to buy) Award $0 +2,335 $0.000000 2,335 04 Apr 2022 Common Stock 2,335 $12.85 Direct F6
transaction LGVN Stock Option (right to buy) Award $0 +150,000 $0.000000 50,000 04 Apr 2022 Common Stock 50,000 $12.85 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the award of 2,335 Restricted Stock Units, which vested 50% on April 4, 2022, with the remaining 50% to vest on January 1, 2023.
F2 Includes 2,335 Restricted Stock Units.
F3 Represents the number of shares of Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units and does not represent a sale. This Form 4 amendment is being filed solely to report this withholding, which was not reflected in the original Form 4 filed on April 6, 2022.
F4 Represents the award of 150,000 Restricted Stock Units, which vest ratably 25% each year.
F5 Includes 151,978 Restricted Stock Units.
F6 The option vested 50% on April 4, 2022, with the remaining 50% to vest on January 1, 2023.
F7 The option vests ratably 25% each year.