N. Leigh Anderson - 27 Jun 2024 Form 4 Insider Report for LUNA INNOVATIONS INC

Role
Director
Signature
/s/ Ryan Stewart, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
27 Jun 2024
Net transactions value
$0
Form type
4
Filing time
01 Jul 2024, 21:29:57 UTC
Previous filing
26 May 2023
Next filing
03 Jan 2025

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 +18,314 +37% $0.000000 67,940 27 Jun 2024 Common Stock 18,314 Direct F1, F2, 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 This grant was awarded in connection with Mr. Anderson's service as a member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of stock units awarded is equal to $63,000 divided by $3.44, the closing price of the issuer's stock on the Nasdaq Capital Market on June 27, 2024, the date of grant.
F3 The stock units vest upon the one year anniversary of the grant date, subject to vesting, will become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The stock units have no expiration date.