Joshua S. Boger - Feb 12, 2024 Form 4 Insider Report for CervoMed Inc. (CRVO)

Role: Director
Signature: /s/ William R. Elder, attorney-in-fact for the Reporting Person
Stock symbol: CRVO
Transactions as of: Feb 12, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/13/2024, 04:39 PM
Previous filing: Feb 9, 2024
Next filing: Feb 28, 2024

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	CRVO	Stock Option (Right to Buy)	Award	$0	+10K		$0.00	10K	Feb 12, 2024	Common Stock	10K	$13.97	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On February 12, 2024, in connection with the Reporting Person's initial election to the Issuer's board of directors, the Reporting Person was granted an option to purchase 10,000 shares of the Issuer's common stock under the Issuer's 2015 Equity Incentive Plan, as amended, in accordance with the terms of the Issuer's non-employee director compensation policy. The shares of common stock underlying the award will vest on a monthly basis over a three-year period in substantially equal 1/36th increments on the last day of each month beginning on February 29, 2024, subject to the Reporting Person's continued service through the applicable vesting date.

Content

On February 12, 2024, in connection with the Reporting Person's initial election to the Issuer's board of directors, the Reporting Person was granted an option to purchase 10,000 shares of the Issuer's common stock under the Issuer's 2015 Equity Incentive Plan, as amended, in accordance with the terms of the Issuer's non-employee director compensation policy. The shares of common stock underlying the award will vest on a monthly basis over a three-year period in substantially equal 1/36th increments on the last day of each month beginning on February 29, 2024, subject to the Reporting Person's continued service through the applicable vesting date.