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

Role
CHIEF SCIENTIFIC OFFICER
Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for Michelle LeRoux Williams
Stock symbol
ELUT
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 04:32 PM
Previous filing
Oct 24, 2022
Next filing
Jun 12, 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 +150K $0.00 150K Jan 31, 2024 Class A Common Stock 150K $3.61 Direct F1
transaction ELUT Restricted Stock Units Award $0 +150K $0.00 150K Jan 31, 2024 Class A Common Stock 150K 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.