ERB JOHN L 4

4 · Nuwellis, Inc. · Filed Jun 11, 2025

Form 4

Period: 2025-06-09

Director

Transactions

Other
Series F Convertible Preferred Stock
2025-06-09−100→ 0 total
Exercise: $0.06From: 2017-11-22→ Common Stock (1,666,667 underlying)
Other
Series F-1 Convertible Preferred Stock
2025-06-09+100→ 100 total
Exercise: $0.06From: 2025-06-09→ Common Stock (1,666,667 underlying)
Conversion
Series F-1 Convertible Preferred Stock
2025-06-09−66→ 34 total
Exercise: $0.06From: 2025-06-09→ Common Stock (1,100,022 underlying)
Conversion
Common Stock
2025-06-10$0.06/sh+7,522$451→ 1,100,022 total
Conversion
Common Stock
2025-06-09$0.06/sh+1,092,500$65,550→ 1,092,500 total

Footnotes (3)

[F1]On June 9, 2025, the Issuer entered into a Securities Exchange Agreement with the Reporting Person, pursuant to which the Issuer agreed to issue 100 shares of its newly designated Series F-1 Convertible Preferred Stock ("F-1 Stock") in exchange for 100 shares of its outstanding Series F Convertible Preferred Stock ("F Stock"). Each share of F-1 Stock and F Stock has a stated value of $1,000.
[F2]The preferred stock has no expiration date.
[F3]The Reporting Person's shares of Series F-1 Convertible Preferred Stock are convertible into shares of common stock, par value $0.0001 per share, subject to a 19.99% beneficial ownership limitation.

Documents

1 file