John L. Erb - 19 May 2021 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
Director
Signature
/s/ Phillip D. Torrence, by Power of Attorney
Issuer symbol
NUWE
Transactions as of
19 May 2021
Net transactions value
$0
Form type
4
Filing time
20 May 2021, 16:36:40 UTC
Next filing
23 Jun 2021
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 Incentive Stock Option (right to buy) Award $0 +75,973 $0.000000 75,973 19 May 2021 Common Stock 75,973 $3.63 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% on the one (1) year anniversary of the date of the grant, with the remainder vesting in 36 equal consecutive monthly increments.