Pamela L. Coe - Jun 27, 2024 Form 4 Insider Report for LUNA INNOVATIONS INC (LUNA)

Role
Director
Signature
/s/ Ryan Stewart, Attorney-in-Fact
Stock symbol
LUNA
Transactions as of
Jun 27, 2024
Transactions value $
$0
Form type
4
Date filed
7/1/2024, 09:30 PM
Previous filing
Jun 3, 2024

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 +18.3K +45.65% $0.00 58.4K Jun 27, 2024 Common Stock 18.3K 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 stock units that are convertible into issuer's common stock on a 1-for-1 basis.
F2 This grant was awarded in connection with Ms. Coe'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 the amount of $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, and 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.