Neil P. Ayotte - Mar 3, 2023 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
SVP, Secretary, GC & CCO
Signature
/s/ Neil P. Ayotte
Stock symbol
NUWE
Transactions as of
Mar 3, 2023
Transactions value $
$0
Form type
4
Date filed
3/7/2023, 04:14 PM
Previous filing
Mar 4, 2022

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 Incentive Stock Option (right to buy) Award $0 +8.64K $0.00 8.64K Mar 3, 2023 Common Stock 8.64K $7.72 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest as follows: 25% of the options will vest on the one-year anniversary of the date of grant; the remaining options will vest in 36 equal consecutive monthly increments thereafter, so all will be vested on the four-year anniversary of the date of grant.