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

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Jeffrey Hamet, Attorney-in-Fact for Matthew Ferguson
Stock symbol: ELUT
Transactions as of: Dec 10, 2024
Transactions value $: -$19,138
Form type: 4
Date filed: 12/11/2024, 05:10 PM
Previous filing: Sep 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELUT	Class A Common Stock	Options Exercise		+12.5K	+4.02%		323K	Dec 10, 2024	Direct	F1, F2
transaction	ELUT	Class A Common Stock	Tax liability	-$19.1K	-4.46K	-1.38%	$4.29	319K	Dec 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	-12.5K	-11.11%	$0.00	100K	Dec 10, 2024	Class A Common Stock	12.5K		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.