Matthew Ferguson - 10 Sep 2024 Form 4 Insider Report for ELUTIA INC. (ELUT)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for Matthew Ferguson
Issuer symbol
ELUT
Transactions as of
10 Sep 2024
Net transactions value
-$43,582
Form type
4
Filing time
12 Sep 2024, 17:00:06 UTC
Previous filing
13 Aug 2024
Next filing
11 Dec 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 +29,500 +10% 321,232 10 Sep 2024 Direct F1, F2, F3
transaction ELUT Class A Common Stock Tax liability $43,582 -10,527 -3.3% $4.14 310,705 10 Sep 2024 Direct F3, F4

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 -12,500 -10% $0.000000 112,500 10 Sep 2024 Class A Common Stock 12,500 Direct F2, F5
transaction ELUT Restricted Stock Units Options Exercise $0 -17,000 -34% $0.000000 33,000 10 Sep 2024 Class A Common Stock 17,000 Direct F2, F6
* 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 Includes 1,749 shares of Class A Common Stock acquired under the Company's 2020 Employee Stock Purchase Plan.
F4 Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
F5 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.
F6 On January 31, 2024, the Reporting Person was granted 50,000 restricted stock units. Restricted stock units vest as to 34% on September 10, 2024, 33% on March 10, 2025 and 33% on September 10, 2025.