Michael Kendrick McCormick - Jan 2, 2024 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
Director
Signature
Jessica M. Herron, by Power of Attorney
Stock symbol
NUWE
Transactions as of
Jan 2, 2024
Transactions value $
$0
Form type
4
Date filed
1/4/2024, 04:25 PM
Previous filing
Jun 5, 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 NUWE Nonstatutory Stock Option (right to buy) Award $0 +20.8K $0.00 20.8K Jan 2, 2024 Common Stock 20.8K $0.69 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 (06/01/2023), 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.