Richard Roedel - 03 Oct 2022 Form 4 Insider Report for LUNA INNOVATIONS INC

Role: Director
Signature: /s/ Scott A. Graeff, Attorney-In-Fact
Issuer symbol: N/A
Transactions as of: 03 Oct 2022
Net transactions value: $0
Form type: 4
Filing time: 04 Oct 2022, 17:26:33 UTC
Previous filing: 04 Oct 2022
Next filing: 01 Nov 2022
SEC: View on sec.gov

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	LUNA	Stock Units	Award	$0	+3,454	+11%	$0.000000	35,727	03 Oct 2022	Common Stock	3,454		Direct	F1, F2, F3
transaction	LUNA	Stock Units	Award	$0	+603	+1.7%	$0.000000	36,330	03 Oct 2022	Common Stock	603		Direct	F1, F3, F4
transaction	LUNA	Stock Units	Award	$0	+274	+0.75%	$0.000000	36,604	03 Oct 2022	Common Stock	274		Direct	F1, F3, F5
transaction	LUNA	Stock Units	Award	$0	+274	+0.75%	$0.000000	36,878	03 Oct 2022	Common Stock	274		Direct	F1, F3, F6
holding	LUNA	Stock Units						296,478	03 Oct 2022	Common Stock	296,478		By spousal trust	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock units are convertible into issuer's common stock on a 1-for-1 basis.
F2	The grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Roedel's service as chairman of the board of directors for the period from October 1, 2022 to December 31, 2022. The number of restricted stock units is equal to $15,750.00 divided by $4.56, the closing price of issuer's common stock on the Nasdaq Capital Market on October 3, 2022, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
F3	The stock units become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Period's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The units have no expiration date.
F4	This grant was made pursuant to the issuer's non-employee director compensation policy, as compensation for Mr. Roedel's service as the chairman of the risk committee of the board of directors for the period from October 1, 2022 to December 31, 2022. The number of restricted stock units is equal to $2,750.00 divided by $4.56, the closing price of issuer's common stock on the Nasdaq Capital Market on October 3, 2022, the first day of the quarter. The Reporting Person elected to receive fees in stock units.
F5	This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Roedel's service on the nominating and governance committee of the board of directors for the period from October 1, 2022 to December 31, 2022. The number of restricted stock units is equal to $1,250.00 divided by $4.56, the closing price of issuer's common stock on the Nasdaq Capital Market on October 3, 2022, the first day of the quarter. The Reporting Person elected to receive fees in stock units.
F6	This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Roedel's service on the compensation committee of the board of directors for the period from October 1, 2022 to December 31, 2022. The number of restricted stock units is equal to $1,250.00 divided by $4.56, the closing price of issuer's common stock on the Nasdaq Capital Market on October 3, 2022, the first day of the quarter. The Reporting Person elected to receive fees in stock units.