Margaret Wasilewski - Mar 1, 2022 Form 4 Insider Report for Pulmatrix, Inc. (PULM)

Role: Chief Medical Officer
Signature: /s/ Margaret Wasilewski
Stock symbol: PULM
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 03:02 PM
Next filing: Jan 30, 2023

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	PULM	Stock Option (Right to Buy)	Award	$0	+21.1K		$0.00	21.1K	Mar 1, 2022	Common Stock	21.1K	$5.72	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The shares underlying this stock option will vest as follows: 25% of the options shall vest on the first anniversary of the grant date and 75% of the options shall vest in equal installments on the monthly anniversary date of each of the thirty-six (36) successive months after the first anniversary of the grant date, provided that the reporting person is providing services to the Issuer on the applicable vesting dates and subject to the terms and conditions of the Pulmatrix, Inc. Amended and Restated 2013 Employee, Director and Consultant Equity Incentive Plan.

Content

The shares underlying this stock option will vest as follows: 25% of the options shall vest on the first anniversary of the grant date and 75% of the options shall vest in equal installments on the monthly anniversary date of each of the thirty-six (36) successive months after the first anniversary of the grant date, provided that the reporting person is providing services to the Issuer on the applicable vesting dates and subject to the terms and conditions of the Pulmatrix, Inc. Amended and Restated 2013 Employee, Director and Consultant Equity Incentive Plan.