Joseph J. Ferra Jr. - 16 Jun 2022 Form 4 Insider Report for Elevation Oncology, Inc. (ELEV)

Signature
/s/ Robert Yang, Attorney-in-Fact
Issuer symbol
ELEV
Transactions as of
16 Jun 2022
Net transactions value
-$34,560
Form type
4
Filing time
19 Dec 2022, 18:40:33 UTC
Previous filing
16 Feb 2022
Next filing
10 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELEV Common Stock Options Exercise +50,249 50,249 16 Jun 2022 Direct F1
transaction ELEV Common Stock Tax liability $24,060 -19,095 -38% $1.26 31,154 16 Jun 2022 Direct
transaction ELEV Common Stock Options Exercise +12,562 +40% 43,716 16 Sep 2022 Direct F1
transaction ELEV Common Stock Tax liability $5,966 -4,773 -11% $1.25 38,943 16 Sep 2022 Direct
transaction ELEV Common Stock Options Exercise +12,562 +32% 51,505 16 Dec 2022 Direct F1
transaction ELEV Common Stock Tax liability $4,534 -4,773 -9.3% $0.9500 46,732 16 Dec 2022 Direct

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 ELEV Restricted Stock Unit Options Exercise $0 -50,249 -25% $0.000000 150,746 16 Jun 2022 Common Stock 50,249 Direct F1, F2, F3
transaction ELEV Restricted Stock Unit Options Exercise $0 -12,562 -8.3% $0.000000 138,184 16 Sep 2022 Common Stock 12,562 Direct F1, F2, F3
transaction ELEV Restricted Stock Unit Options Exercise $0 -12,562 -9.1% $0.000000 125,622 16 Dec 2022 Common Stock 12,562 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 25% of the RSUs vested on June 16, 2022, and the remainder will vest in quarterly installments thereafter, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F3 The RSUs do not expire; they either vest or are canceled prior to the vesting date.