Erik Strandberg - 24 Mar 2025 Form 3 Insider Report for EBR Systems, Inc. (NONE)

Role: Chief Commercial Officer
Signature: /s/ Gary W Doherty, Attorney-in-Fact
Issuer symbol: NONE
Transactions as of: 24 Mar 2025
Transactions value $: $0
Form type: 3
Filing time: 01 Apr 2025, 19:08:28 UTC
Next filing: 27 Jun 2025
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
holding	NONE	Stock Option (right to buy)							24 Mar 2025	Common Stock	1,549,000	$0.62	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Twenty-five percent (25%) of the shares subject to the stock option vest on the one-year anniversary as measured from 4/29/2024, and the remainder of the shares vest in 36 equal monthly installments thereafter, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.

Content

Twenty-five percent (25%) of the shares subject to the stock option vest on the one-year anniversary as measured from 4/29/2024, and the remainder of the shares vest in 36 equal monthly installments thereafter, subject to continued employment or service through each such date. If applicable, vesting accelerates as provided in, and subject to the terms and conditions of, that certain Severance and Change of Control Agreement between the Issuer and the Reporting Person, as may be amended from time to time.