David Dornan - 15 Feb 2024 Form 4 Insider Report for Elevation Oncology, Inc. (ELEV)

Signature
/s/ Robert Yang, Attorney-in-Fact
Issuer symbol
ELEV
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 16:52:31 UTC
Previous filing
17 Feb 2023
Next filing
19 Feb 2025

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 Stock Option (Right to Buy) Award $0 +225,000 $0.000000 225,000 15 Feb 2024 Common Stock 225,000 $2.77 Direct F1
transaction ELEV Restricted Stock Unit Award $0 +37,500 $0.000000 37,500 15 Feb 2024 Common Stock 37,500 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option vests as to 25% of the total shares on February 15, 2025, and thereafter vests as to 1/48 of the total shares monthly until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F3 25% of the RSUs vest on February 15, 2025, and the remainder will vest as to 1/16 of the total RSUs quarterly until fully vested, subject to the Reporting Person's continued service to the Issuer on each vesting date.
F4 The RSUs do not expire; they either vest or are canceled prior to the vesting date.