Coe Pamela L 4
4 · LUNA INNOVATIONS INC · Filed Jul 1, 2024
Insider Transaction Report
Form 4
Coe Pamela L
Director
Transactions
- Award
Stock Units
2024-06-27+18,313.95→ 58,429.59 total→ Common Stock (18,313.95 underlying)
Footnotes (3)
- [F1]Consists of stock units that are convertible into issuer's common stock on a 1-for-1 basis.
- [F2]This grant was awarded in connection with Ms. Coe's service as a member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of stock units awarded is equal to the amount of $63,000 divided by $3.44, the closing price of the issuer's stock on the Nasdaq Capital Market on June 27, 2024, the date of grant.
- [F3]The stock units vest upon the one year anniversary of the grant date, and subject to vesting, will become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The stock units have no expiration date.