Michael Kendrick McCormick - 01 Jun 2023 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
Director
Signature
/s/ Jessica Herron, by Power of Attorney
Issuer symbol
NUWE
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:56:54 UTC
Next filing
04 Jan 2024
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-qualified Stock Option (right to buy) Award $0 +1,967 $0.000000 1,967 01 Jun 2023 Common Stock 1,967 $2.75 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vests in 12 approximately equal consecutive monthly increments, commencing on the one-month anniversary of the date of grant, so that all of the options will be vested on the one-year anniversary of the date of grant.