Tom Sohn - 01 Mar 2023 Form 4 Insider Report for Acutus Medical, Inc. (AFIB)

Role
SVP, Gen. Counsel & Secretary
Signature
Tom Sohn
Issuer symbol
AFIB
Transactions as of
01 Mar 2023
Net transactions value
$0
Form type
4
Filing time
02 Mar 2023, 15:48:06 UTC
Previous filing
02 Feb 2023
Next filing
04 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFIB FORM 4 Award $0 +42,500 +74% $0.000000 99,588 01 Mar 2023 Direct F1, F2, F3

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 AFIB FORM 4 Award $0 +42,500 $0.000000 42,500 01 Mar 2023 FORM 4 42,500 $1.41 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Common Stock
F2 Represents restricted stock units that vest in two equal installments on each of the first two anniversaries of the vesting commencement date, subject to continued service through each such vesting dates.
F3 "On February 2, 2023, the reporting person filed a Form 4 which inadvertently reported that, following a disposition of securities withheld to satisfy statutory withholding requirements upon vesting of restricted stock units, the reporting person directly owned 57,190 shares. In fact, the reporting person directly owned 57,088 shares of common stock following such disposition. The amount reported reflects a correction for such overstatement."
F4 Stock Options (Right to Buy)
F5 One-half of the shares of common stock subject to the Option will be scheduled to vest on the first anniversary of the vesting commencement date, and one twenty-fourth (1/24th) of the shares subject to the option will be scheduled to vest in twelve equal monthly installments thereafter, subject to continued service through each such vesting date.