James L. Cunniff - Sep 30, 2024 Form 4 Insider Report for Electromed, Inc. (ELMD)

Role
CEO and President, Director
Signature
/s/ Joshua L. Colburn, Attorney-in-Fact
Stock symbol
ELMD
Transactions as of
Sep 30, 2024
Transactions value $
-$739,126
Form type
4
Date filed
10/2/2024, 04:40 PM
Previous filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELMD Common Stock Options Exercise $0 +87.5K +337.84% $0.00 113K Sep 30, 2024 Direct
transaction ELMD Common Stock Tax liability -$739K -34.4K -30.36% $21.47 79K Sep 30, 2024 Direct F1

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 ELMD Performance Stock Units Options Exercise $0 -87.5K -100% $0.00 0 Sep 30, 2024 Common Stock 87.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 No shares were sold. 34,426 shares were withheld by the Issuer to satisfy statutory tax withholding requirements on vesting of performance stock units ("PSUs").
F2 Each PSU represents a contingent right to receive one share of Issuer common stock.
F3 As previously reported, on July 1, 2023, the reporting person was granted 87,500 PSUs. The PSUs vested and settled into the same number of shares of common stock upon achieving a total shareholder return in excess of 50% as of the end of the fiscal quarter ended September 30, 2024, calculated using the three-month volume-weighted average closing price in accordance with the underlying agreement.