Robert Benjamin Scott - Sep 2, 2023 Form 3 Insider Report for Nuwellis, Inc. (NUWE)

Role
Chief Financial Officer
Signature
/s/ Jessica Herron, by Power of Attorney
Stock symbol
NUWE
Transactions as of
Sep 2, 2023
Transactions value $
$0
Form type
3
Date filed
9/6/2023, 04:12 PM

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 NUWE Incentive Stock Option (right to buy) Sep 2, 2023 Common Stock 12 $930.00 Direct F1
holding NUWE Incentive Stock Option (right to buy) Sep 2, 2023 Common Stock 59 $359.01 Direct F1
holding NUWE Incentive Stock Option (right to buy) Sep 2, 2023 Common Stock 52 $94.00 Direct F1
holding NUWE Incentive Stock Option (right to buy) Sep 2, 2023 Common Stock 1.13K $7.72 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.

Remarks:

Exhibit 24, Power of Attorney, is attached.