Summers Andrew - 05 Dec 2024 Form 4 Insider Report for Electromed, Inc. (ELMD)

Role
Director
Signature
/s/ Joshua L. Colburn, Attorney-in-fact
Issuer symbol
ELMD
Transactions as of
05 Dec 2024
Net transactions value
-$1,052,752
Form type
4
Filing time
06 Dec 2024, 17:05:58 UTC
Previous filing
04 Dec 2024
Next filing
24 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELMD Common Stock Sale $481,957 -17,159 -5.4% $28.09 301,946 05 Dec 2024 By Summers Value Fund LP F1, F2
transaction ELMD Common Stock Sale $33,422 -1,157 -0.38% $28.89 300,789 05 Dec 2024 By Summers Value Fund LP F2, F3
transaction ELMD Common Stock Sale $4,706 -160 -0.05% $29.41 300,629 05 Dec 2024 By Summers Value Fund LP F2, F4
transaction ELMD Common Stock Sale $494,221 -17,597 -11% $28.09 148,158 05 Dec 2024 By SVP Deal Fund I LP F5, F6
transaction ELMD Common Stock Sale $33,684 -1,169 -0.79% $28.81 146,989 05 Dec 2024 By SVP Deal Fund I LP F6, F7
transaction ELMD Common Stock Sale $4,763 -162 -0.11% $29.40 146,827 05 Dec 2024 By SVP Deal Fund I LP F6, F8
holding ELMD Common Stock 9,000 05 Dec 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 17,159 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $27.56 to $28.55 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Securities owned directly by Summers Value Fund LP ("Summers Value Fund"). Mr. Summers, as the Managing Member of each of Summers Value Partners GP LLC, the general partner of Summers ValueFund, and Summers Value Partners LLC ("Summers Value Partners"), the investment manager of Summers Value Fund, may be deemed to beneficially own the securities owned directly by Summers ValueFund. Mr. Summers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3 Reflects the weighted average price of 1,157 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $28.56 to $28.86 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted average price of 160 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $28.925 to $29.695 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Reflects the weighted average price of 17,597 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $27.56 to $28.55 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 Securities owned directly by SVP Deal Fund 1 LP ("SVP Fund"). Mr. Summers, as the Managing Member of each of SVP Deal Fund 1 GP LLC, the general partner of SVP Fund, and Summers Value Partners, the investment manager of SVP Fund, may be deemed to beneficially own the securities owned directly by SVP Fund. Mr. Summers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F7 Reflects the weighted average price of 1,169 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $28.56 to $28.89 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F8 Reflects the weighted average price of 162 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on December 5, 2024 with sale prices ranging from $28.925 to $29.695 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.