Gary Spiegel - May 11, 2021 Form 4 Insider Report for LUNA INNOVATIONS INC (LUNA)

Role
Director
Signature
/s/ Scott A. Graeff, Attorney-In-Fact
Stock symbol
LUNA
Transactions as of
May 11, 2021
Transactions value $
$37,495
Form type
4
Date filed
5/13/2021, 04:21 PM
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUNA Common Stock Award $37.5K +3.38K +5.01% $11.08 71K May 11, 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units that are convertible into issuer's common stock on a 1-for-1 basis.
F2 This grant was awarded in connection with Mr. Spiegel's service as member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of restricted stock units awarded is equal to $37,500 divided by $11.08, the closing price of issuer's common stock on the Nasdaq Capital Market on May 11, 2021, the date of grant.
F3 The stock units will vest fully on earlier of the one anniversary of the grant date or the issuer's next annual meeting of stockholders.