Michelle LeRoux Williams - 31 Jan 2024 Form 4 Insider Report for ELUTIA INC. (ELUT)

Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for Michelle LeRoux Williams
Issuer symbol
ELUT
Transactions as of
31 Jan 2024
Net transactions value
$0
Form type
4
Filing time
02 Feb 2024, 16:32:46 UTC
Previous filing
24 Oct 2022
Next filing
12 Jun 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 ELUT Stock Option (Right to Buy) Award $0 +150,000 $0.000000 150,000 31 Jan 2024 Class A Common Stock 150,000 $3.61 Direct F1
transaction ELUT Restricted Stock Units Award $0 +150,000 $0.000000 150,000 31 Jan 2024 Class A Common Stock 150,000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests monthly over three years beginning one month after grant date such that the option shall be fully vested and exercisable on January 31, 2027.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock.
F3 The restricted stock units vest as to 1/6 on June 10, 2024, and vest as to 1/12 quarterly on each of the following dates: September 10, 2024, December 10, 2024, March 10, 2025, June 10, 2025, September 10, 2025, December 10, 2025, March 10, 2026, June 10, 2026, September 10, 2026, and December 10, 2026.