Andrew Summers - Feb 20, 2025 Form 4 Insider Report for Electromed, Inc. (ELMD)

Role
Director
Signature
/s/ Joshua L. Colburn, Attorney-in-fact
Stock symbol
ELMD
Transactions as of
Feb 20, 2025
Transactions value $
-$3,120,226
Form type
4
Date filed
2/24/2025, 09:38 PM
Previous filing
Dec 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELMD Common Stock Sale -$450K -15.7K -5.22% $28.71 285K Feb 20, 2025 By Summers Value Fund LP F1, F2
transaction ELMD Common Stock Sale -$58K -1.95K -0.68% $29.81 283K Feb 20, 2025 By Summers Value Fund LP F2, F3
transaction ELMD Common Stock Sale -$450K -15.7K -10.69% $28.71 131K Feb 20, 2025 By SVP Deal Fund I LP F4, F6
transaction ELMD Common Stock Sale -$58.1K -1.95K -1.49% $29.81 129K Feb 20, 2025 By SPV Deal Fund I LP F5, F6
transaction ELMD Common Stock Sale -$338K -12K -4.24% $28.16 271K Feb 21, 2025 By Summers Value Fund LP F2, F7
transaction ELMD Common Stock Sale -$21.3K -734 -0.27% $28.99 270K Feb 21, 2025 By Summers Value Fund LP F2, F8
transaction ELMD Common Stock Sale -$338K -12K -9.28% $28.16 117K Feb 21, 2025 By SPV Deal Fund I LP F6, F9
transaction ELMD Common Stock Sale -$21.3K -735 -0.63% $28.99 116K Feb 21, 2025 By SVP Deal Fund I LP F6, F10
transaction ELMD Common Stock Sale -$1.39M -50.8K -43.58% $27.30 65.7K Feb 24, 2025 By SPV Deal Fund I LP F6, F11
holding ELMD Common Stock 9K Feb 20, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the weighted average price of 15,689 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 20, 2025 with sale prices ranging from $28.50 to $29.50 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F2 Securities owned directly by Summers Value Fund LP ("Summers Value Fund"). Mr. Summers, as the Managing Member of each of Summers Value Partners GP LLC, the general partner of Summers ValueFund, and Summers Value Partners LLC ("Summers Value Partners"), the investment manager of Summers Value Fund, may be deemed to beneficially own the securities owned directly by Summers ValueFund. Mr. Summers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F3 Reflects the weighted average price of 1,947 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 20, 2025 with sale prices ranging from $29.51 to $30.075 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted average price of 15,689 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 20, 2025 with sale prices ranging from $28.50 to $29.50 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Reflects the weighted average price of 1,947 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 20, 2025 with sale prices ranging from $29.51 to $30.075 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 Securities owned directly by SVP Deal Fund 1 LP ("SVP Fund"). Mr. Summers, as the Managing Member of each of SVP Deal Fund 1 GP LLC, the general partner of SVP Fund, and Summers Value Partners, the investment manager of SVP Fund, may be deemed to beneficially own the securities owned directly by SVP Fund. Mr. Summers expressly disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
F7 Reflects the weighted average price of 11,990 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 21, 2025 with sale prices ranging from $27.80 to $28.70 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F8 Reflects the weighted average price of 734 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 21, 2025 with sale prices ranging from $28.81 to $29.06 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F9 Reflects the weighted average price of 11,990 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 21, 2025 with sale prices ranging from $27.80 to $28.70 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F10 Reflects the weighted average price of 735 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 21, 2025 with sale prices ranging from $28.81 to $29.06 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F11 Reflects the weighted average price of 50,751 shares of common stock of Electromed, Inc. sold by the reporting person in multiple transactions on February 24, 2025 with sale prices ranging from $27.00 to $27.89 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.