POSNER BRIAN M 4
4 · electroCore, Inc. · Filed Aug 2, 2023
Insider Transaction Report
Form 4
POSNER BRIAN M
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2023-07-31+20,000→ 20,000 totalExercise: $4.50Exp: 2033-07-31→ Common Stock (20,000 underlying)
Footnotes (1)
- [F1]The option vests (i) with respect to 33% of the underlying shares of Common Stock on each of the first, second, and third anniversaries of the date of grant, in each case provided that the Reporting Person remains in continuous service with the Issuer or an affiliate through the applicable vesting date, and (ii) if and to the extent not already vested, in the case of termination of the Reporting Person without "cause" or resignation for "good reason" within two years after a "change in control" as such terms are defined in the Issuer's Executive Severance Policy.