PATTON THOMAS M 4
4 · electroCore, Inc. · Filed Aug 4, 2023
Insider Transaction Report
Form 4
PATTON THOMAS M
Director
Transactions
- Purchase
Warrants to Purchase Common Stock
2023-08-02$0.06/sh+5,524$345→ 5,524 totalExercise: $4.35From: 2024-02-02Exp: 2029-02-02→ Common Stock (5,524 underlying) - Award
Common Stock
2023-08-02$4.35/sh+11,049$48,063→ 37,748 total
Footnotes (3)
- [F1]On August 2, 2023, pursuant to a private placement offering by the Issuer, the Reporting Person acquired 11,049 Units, each Unit consisting of (i) one share of the Issuer's Common Stock and (ii) one Warrant to purchase one-half share of the Issuer's Common Stock. The combined purchase price in the Offering was $4.4125 per Unit, inclusive of $4.35 per share of Common Stock and $0.0625 per Warrant. Each Warrant entitles the holder thereof to purchase one half of a share of Common Stock, is exercisable beginning six months from the date of issuance at an exercise price of $4.35 per share, and expires five years from the initial exercise date.
- [F2]Includes 12,967 shares that have vested pursuant to previously issued Restricted Stock Units. All such vested shares were previously reported on Form 4 filings at the time of grant.
- [F3]Includes 13,732 shares that have vested pursuant to previously issued Deferred Stock Units. All such vested shares were previously reported on Form 4 filings at the time of grant.