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

Signature
/s/ Robert Yang, Attorney-in-Fact
Stock symbol
ELEV
Transactions as of
Jun 16, 2022
Transactions value $
-$34,560
Form type
4
Date filed
12/19/2022, 06:40 PM
Previous filing
Feb 16, 2022
Next filing
Jan 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELEV Common Stock Options Exercise +50.2K 50.2K Jun 16, 2022 Direct F1
transaction ELEV Common Stock Tax liability -$24.1K -19.1K -38% $1.26 31.2K Jun 16, 2022 Direct
transaction ELEV Common Stock Options Exercise +12.6K +40.32% 43.7K Sep 16, 2022 Direct F1
transaction ELEV Common Stock Tax liability -$5.97K -4.77K -10.92% $1.25 38.9K Sep 16, 2022 Direct
transaction ELEV Common Stock Options Exercise +12.6K +32.26% 51.5K Dec 16, 2022 Direct F1
transaction ELEV Common Stock Tax liability -$4.53K -4.77K -9.27% $0.95 46.7K Dec 16, 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 -50.2K -25% $0.00 151K Jun 16, 2022 Common Stock 50.2K Direct F1, F2, F3
transaction ELEV Restricted Stock Unit Options Exercise $0 -12.6K -8.33% $0.00 138K Sep 16, 2022 Common Stock 12.6K Direct F1, F2, F3
transaction ELEV Restricted Stock Unit Options Exercise $0 -12.6K -9.09% $0.00 126K Dec 16, 2022 Common Stock 12.6K 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.