Lisa Locklear - 12 Sep 2023 Form 4 Insider Report for Longeveron Inc. (LGVN)

Role
Chief Financial Officer
Signature
/s/ Paul Lehr, attorney-in-fact
Issuer symbol
LGVN
Transactions as of
12 Sep 2023
Transactions value $
$15,075
Form type
4
Filing time
13 Sep 2023, 17:55:23 UTC
Previous filing
02 Aug 2023
Next filing
04 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGVN Common Stock Exercise of out-of-the-money derivative security $15K +5K +12.5% $3.00 45K 12 Sep 2023 Direct F1, F2

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 Subscription Rights (right to buy) Purchase $75.00 +5K $0.02* 5K 12 Sep 2023 Common Stock 5K $3.00 Direct F3
transaction LGVN Subscription Rights (right to buy) Exercise of out-of-the-money derivative security $0 -5K -100% $0.00* 0 12 Sep 2023 Common Stock 5K $3.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares to be received following expiration of the Longeveron Inc. Subscription Rights Offering, which is currently scheduled for September 21, 2023, unless otherwise extended by Longeveron.
F2 Includes 40,000 Restricted Stock Units.
F3 Subscription Rights are transferable until the expiration of the Longeveron Inc. Subscription Rights Offering, and are listed on The Nasdaq Capital Market under the symbol "LGVNR." Each Subscription Right entitles the holder to purchase one share of Class A common stock, at a subscription price per share equal to $3.00.