C. Randal Mills - 21 Jun 2024 Form 4 Insider Report for ELUTIA INC. (ELUT)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills
Issuer symbol
ELUT
Transactions as of
21 Jun 2024
Net transactions value
-$28,066
Form type
4
Filing time
25 Jun 2024, 08:30:14 UTC
Previous filing
12 Jun 2024
Next filing
13 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELUT Class A Common Stock Options Exercise +22,473 +19% 137,986 21 Jun 2024 Direct F1, F2
transaction ELUT Class A Common Stock Tax liability $28,066 -8,019 -5.8% $3.50 129,967 21 Jun 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 -22,473 -33% $0.000000 44,946 21 Jun 2024 Class A Common Stock 22,473 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 Issuer Class A Common Stock.
F3 Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
F4 On June 21, 2022, the Reporting Person was granted 89,893 restricted stock units, vesting in four substantially equal annual installments beginning in June 21, 2023.