Scott A. Gabbard - 01 Sep 2023 Form 4 Insider Report for ELECTRO SENSORS INC (ELSE)

Role
Director
Signature
Thomas G. Lovett, IV, Attorney-in-Fact for Scott A. Gabbard
Issuer symbol
ELSE
Transactions as of
01 Sep 2023
Net transactions value
$0
Form type
4
Filing time
22 Sep 2023, 15:28:23 UTC
Next filing
26 Apr 2024
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 ELSE Restricted Stock Units Award $0 +17,500 $0.000000 17,500 01 Sep 2023 Common Stock 17,500 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Electro-Sensors, Inc. common stock.
F2 The restricted stock units vest as to 20% on September 1, 2024 and 20% annually thereafter.