Electromed, Inc.|4Jul 5, 7:21 PM ET

Cunniff James L. 4

4 · Electromed, Inc. · Filed Jul 5, 2023

Form 4

Period: 2023-07-01

DirectorCEO and President

Transactions

Award
Employee Stock Option (right to buy)
2023-07-01+175,000→ 175,000 total
Exercise: $10.71Exp: 2033-06-30→ Common Stock (175,000 underlying)
Award
Performance Stock Units
2023-07-01+87,500→ 87,500 total
Exp: 2027-06-30→ Common Stock (87,500 underlying)
Award
Performance Stock Units
2023-07-01+87,500→ 87,500 total
Exp: 2027-06-30→ Common Stock (87,500 underlying)

Footnotes (3)

[F1]Exercisable with respect to 43,750 shares on September 30, 2024, and in twelve substantially equal increments on the last day of each subsequent quarter.
[F2]Each performance stock unit represents a contingent right to receive one share of common stock upon achieving a total shareholder return in excess of 50% as of the end of any fiscal quarter on or before the expiration date, calculated using three-month volume-weighted average closing prices in accordance with the underlying agreement.
[F3]Each performance stock unit represents a contingent right to receive one share of common stock upon achieving a total shareholder return in excess of 100% as of the end of any fiscal quarter on or before the expiration date, calculated using three-month volume-weighted average closing prices in accordance with the underlying agreement.

Documents

1 file