Michelle LeRoux Williams - Jun 10, 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
Jun 10, 2024
Transactions value $
-$27,413
Form type
4
Date filed
6/12/2024, 04:45 PM
Previous filing
Feb 2, 2024
Next filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELUT Class A Common Stock Options Exercise +25K 25K Jun 10, 2024 Direct F1, F2
transaction ELUT Class A Common Stock Tax liability -$27.4K -7.9K -31.6% $3.47 17.1K Jun 10, 2024 Direct F3

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 Restricted Stock Units Options Exercise $0 -25K -16.67% $0.00 125K Jun 10, 2024 Class A Common Stock 25K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3 Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
F4 On January 31, 2024, the Reporting Person was granted 150,000 restricted stock units, Restricted stock units as to 1/6 vest on June 10, 2024, and as to 1/12 vest 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.