David McDonald - 02 Jan 2024 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
Director
Signature
Jessica M. Herron, by Power of Attorney
Issuer symbol
NUWE
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 16:21:51 UTC
Previous filing
01 Nov 2023
Next filing
21 May 2025
SEC
View on sec.gov

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 NUWE Nonstatutory Stock Option (right to buy) Award $0 +11,365 $0.000000 11,365 02 Jan 2024 Common Stock 11,365 $0.6900 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests in 12 approximately equal consecutive monthly increments, commencing on the one-month anniversary of the date that he was appointed to the Board of Directors (11/01/2023), so that all of the options will be vested on the one-year anniversary of the date that he was appointed to the Board of Directors.