Willem Elfrink - Jun 12, 2024 Form 4 Insider Report for HeartBeam, Inc. (BEAT)

Role
Director
Signature
/s/ Willem Elfrink
Stock symbol
BEAT
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/20/2024, 04:50 PM
Previous filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEAT Common Stock Award $0 +33.2K +11.65% $0.00 318K Jun 12, 2024 Direct F1
holding BEAT Common Stock 107K Jun 12, 2024 See Footnote F2

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
holding BEAT Common Stock (right to buy) 43.6K Jun 12, 2024 Common Stock 43.6K $2.50 Direct F3
holding BEAT Warrant (right to buy) 10K Jun 12, 2024 Common Stock 10K $6.00 Direct
holding BEAT Warrant (right to buy) 50K Jun 12, 2024 Common Stock 50K $6.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer. 100% of the RSUs shall vest on the earlier of June 12, 2025, or the date of the Issuer's 2025 annual meeting of stockholders, subject to the Reporting Person continuing to be an Outside Director (as defined in the Issuer's 2022 Equity Inventive Plan) through the applicable vesting date.
F2 These shares are held by the Elfrink Living Trust, of which the Reporting Person is the trustee.
F3 One forty-eighth of the shares subject to the option vest on July 15, 2021 and each one-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.