Robert Benjamin Scott - 02 Sep 2023 Form 4 Insider Report for Nuwellis, Inc. (NUWE)

Role
Chief Financial Officer
Signature
/s/ Jessica Herron, by Power of Attorney
Issuer symbol
NUWE
Transactions as of
02 Sep 2023
Transactions value $
$0
Form type
4
Filing time
06 Sep 2023, 17:23:45
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 +18.6K $0.00 18.6K 02 Sep 2023 Common Stock 18.6K $1.79 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.