John McCutcheon - Sep 30, 2024 Form 3 Insider Report for EBR Systems, Inc. (EBRCZ)

Role: President and CEO, Director
Signature: /s/ Gary W Doherty, Attorney-in-Fact
Stock symbol: EBRCZ
Transactions as of: Sep 30, 2024
Transactions value $: $0
Form type: 3
Date filed: 9/30/2024, 06:45 PM

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
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	6M	$0.14	Direct	F1
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	1.03M	$0.12	Direct	F2
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	1.19M	$0.12	Direct	F3
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	305K	$0.80	Direct	F4
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	675K	$0.44	Direct	F5
holding	EBRCZ	Stock Option (right to buy)							Sep 30, 2024	Common Stock	1.59M	$0.55	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Fully Vested
F2	1/48 of the Option vests in equal monthly installments as measured from 10/26/2020, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.
F3	1/48 of the Option vests in equal monthly installments as measured from 1/28/2021, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.
F4	1/48 of the Option vests in equal monthly installments as measured from 11/22/2021, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.
F5	1/48 of the Option vests in equal monthly installments as measured from 5/22/2023, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.
F6	1/48 of the Option vests in equal monthly installments as measured from 5/29/2024, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.