Trevor J. Moody - 02 Aug 2023 Form 4 Insider Report for electroCore, Inc. (ECOR)

Reporting relationship: Director
Issuer ticker: ECOR
Reported as of: 02 Aug 2023
Net transaction value: +$99,288
SEC form: 4
Accepted by SEC: 04 Aug 2023, 10:48:37 UTC
Prior SEC filing: 06 Dec 2022
Next SEC filing: 30 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ John L. Cleary, II, attorney-in-fact

Key filing fact

Trevor J. Moody filed Form 4 for electroCore, Inc. (ECOR) on 04 Aug 2023.

Key facts

This page summarizes Trevor J. Moody's Form 4 filing for electroCore, Inc. (ECOR).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 04 Aug 2023, 10:48.

Change

Previous filing in this sequence was filed on 06 Dec 2022.
Current net transaction value: +$99,288.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ECOR transaction

Common Stock

Award

Transaction value: $98,580
Shares: +22,662
Change %: +50%
Price: $4.35
Shares after: 67,592
Date: 02 Aug 2023
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ECOR transaction Derivative

Warrants to Purchase Common Stock

Purchase

Transaction value: $708
Shares: +11,331
Change %
Price: $0.0625^*
Shares after: 11,331
Date: 02 Aug 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 11,331
Exercise price: $4.37
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On August 2, 2023, pursuant to a private placement offering by the Issuer, the Reporting Person acquired 22,662 Units, each Unit consisting of (i) one share of the Issuer's Common Stock and (ii) one Warrant to purchase one-half share of the Issuer's Common Stock. The combined purchase price in the Offering was $4.4125 per Unit, inclusive of $4.35 per share of Common Stock and $0.0625 per Warrant. Each Warrant entitles the holder thereof to purchase one half of a share of Common Stock, is exercisable beginning six months from the date of issuance at an exercise price of $4.35 per share, and expires five years from the initial exercise date.

Footnote F2

Includes 13,732 shares that have vested pursuant to previously issued Restricted Stock Units; all such vested shares were previously reported on Form 4 filings at the time of grant.