Joshua Hare - 15 Aug 2024 Form 4 Insider Report for Longeveron Inc. (LGVN)

Signature
/s/ Paul T. Lehr, attorney-in-fact
Issuer symbol
LGVN
Transactions as of
15 Aug 2024
Net transactions value
$0
Form type
4
Filing time
19 Aug 2024, 20:30:12 UTC
Previous filing
12 Apr 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LGVN Class A Common Stock Award $0 +93,766 +15% $0.000000 727,046 15 Aug 2024 Direct F1, F2, F3

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 +6,500 $0.000000 6,500 15 Aug 2024 Class A Common Stock 6,500 $2.46 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents two time-based vesting Restricted Stock Unit (RSU) awards.
F2 Amount includes 462,807 shares of Class B common stock, which is not registered under the Securities Exchange Act of 1934, as amended. Holders of Class B common stock have identical rights to holders of common stock, except that holders of Class B common stock are entitled to 5 votes for each share held of record. Each share of Class B common stock is convertible at any time, at the option of the holder, into one share of common stock.
F3 Includes RSUs subject to future vesting.
F4 The option vests quarterly over a three year period beginning on October 1, 2024.