David Aaron Lehman - Mar 3, 2025 Form 4 Insider Report for Pulmonx Corp (LUNG)

Signature
/s/ David Aaron Lehman
Stock symbol
LUNG
Transactions as of
Mar 3, 2025
Transactions value $
-$170,921
Form type
4
Date filed
3/5/2025, 06:04 PM
Previous filing
Dec 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LUNG Common Stock Sale -$4.78K -669 -0.34% $7.14 197K Mar 3, 2025 Direct F1
transaction LUNG Common Stock Sale -$8.4K -1.18K -0.6% $7.14 196K Mar 3, 2025 Direct F2
transaction LUNG Common Stock Sale -$32.1K -4.49K -2.29% $7.14 192K Mar 3, 2025 Direct F3
transaction LUNG Common Stock Sale -$17.1K -2.4K -1.25% $7.14 189K Mar 3, 2025 Direct F4
transaction LUNG Common Stock Sale -$109K -13.6K -7.2% $7.97 175K Mar 3, 2025 Direct F5, F6
transaction LUNG Common Stock Award $0 +108K +61.54% $0.00 283K Mar 3, 2025 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the Restricted Stock Units (the "RSUs") granted on June 1, 2021.
F2 These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs granted on March 1, 2022.
F3 These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs granted on March 1, 2023.
F4 These shares were sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs granted on March 1, 2024.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.88 to $8.23, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F7 Represents grant of RSUs payable solely in common stock of the Issuer that vest in equal quarterly installments over the four-year period from the grant date of March 3, 2025.