Lisa G. Wolf - Dec 18, 2024 Form 4 Insider Report for Tivic Health Systems, Inc. (TIVC)

Role: Interim CFO
Signature: /s/ Jennifer Ernst, attorney-in-fact
Stock symbol: TIVC
Transactions as of: Dec 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/20/2024, 05:15 PM
Previous filing: Oct 3, 2024

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	TIVC	Restricted Stock Units	Award	$0	+25K		$0.00	25K	Dec 18, 2024	Common Stock	25K		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 is convertible into one share of Common Stock.
F2	Fifty percent (50%) of the Restricted Stock Units will vest upon the one (1) year anniversary of the Vesting Commencement Date, and the balance of the Restricted Stock Units will be vested in a series of eight (8) successive equal quarterly installments measured from the first anniversary of the Vesting Commencement Date such that one hundred percent (100%) of the Restricted Stock Units shall have vested on the third anniversary of the Vesting Commencement Date.

Content

Each Restricted Stock Unit is convertible into one share of Common Stock.

Fifty percent (50%) of the Restricted Stock Units will vest upon the one (1) year anniversary of the Vesting Commencement Date, and the balance of the Restricted Stock Units will be vested in a series of eight (8) successive equal quarterly installments measured from the first anniversary of the Vesting Commencement Date such that one hundred percent (100%) of the Restricted Stock Units shall have vested on the third anniversary of the Vesting Commencement Date.