George Montague - 30 Jun 2021 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
CFO and Treasurer
Signature
/s/ Stephanie Swan, by Power of Attorney
Issuer symbol
NUWE
Transactions as of
30 Jun 2021
Net transactions value
$0
Form type
4
Filing time
01 Jul 2021, 16:22:22 UTC
Previous filing
29 Jun 2021
Next filing
04 Mar 2022
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 NUWE Non-statutory Stock Option (right to buy) Award $0 +62,535 $0.000000 62,535 30 Jun 2021 Common Stock 62,535 $4.20 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options will vest as follows: 25% of the options will vest on the one-year anniversary of the date of grant; the remaining options will vest in 36 equal consecutive monthly increments thereafter, so all will be vested on the four-year anniversary of the date of grant.