Neil P. Ayotte - Mar 3, 2022 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
SVP, Secretary, GC & CCO
Signature
/s/ Neil P. Ayotte
Stock symbol
NUWE
Transactions as of
Mar 3, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 12:22 PM
Previous filing
Jun 24, 2021
Next filing
Mar 7, 2023
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
transaction NUWE Incentive Stock Option (right to buy) Award $0 +26.4K $0.00 26.4K Mar 3, 2022 Common Stock 26.4K $0.94 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.