Joshua Horowitz - Apr 18, 2024 Form 4 Insider Report for NeuroMetrix, Inc. (NURO)

Role
Director
Signature
/s/ Joshua Horowitz
Stock symbol
NURO
Transactions as of
Apr 18, 2024
Transactions value $
$0
Form type
4
Date filed
4/22/2024, 04:23 PM
Previous filing
Mar 4, 2024
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NURO Common Stock Award $0 +16.4K +205.48% $0.00 24.4K Apr 18, 2024 Direct F1
holding NURO Common Stock 60.5K Apr 18, 2024 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of restricted stock units ("RSUs"). Each RSU represents the right to receive one share of common stock upon vesting. The RSUs were issued to the Reporting Person as the initial grant to non-employee directors pursuant to the Issuer's policy for compensating non-employee directors for services to be rendered to the Issuer as a member of its Board of Directors. The RSUs vest in four equal quarterly installments beginning June 30, 2024, with full vesting to occur on the earlier of the date of the 2025 annual meeting of stockholders or a change in control of the Issuer, subject to the Reporting Person's continued service on the Board of Directors on such date.
F2 Held by Palm Global Small Cap Master Fund LP. Palm Management (US) LLC, as the investment manager of Palm Global Small Cap Master Fund LP ("Palm Global"), may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global. Due to his positions with Palm Global and Palm Management (US) LLC, the Reporting Person may be deemed to be a beneficial owner of the shares of Common Stock disclosed as directly owned by Palm Global Palm Management (US) LLC and the Reporting Person expressly disclaim such beneficial ownership except to the extent of their pecuniary interest therein.