Cunniff James L. 4
4 · Electromed, Inc. · Filed Oct 2, 2024
Insider Transaction Report
Form 4
Electromed, Inc.ELMD
Cunniff James L.
DirectorCEO and President
Transactions
- Exercise/Conversion
Performance Stock Units
2024-09-30−87,500→ 0 total→ Common Stock (87,500 underlying) - Exercise/Conversion
Common Stock
2024-09-30+87,500→ 113,400 total - Tax Payment
Common Stock
2024-09-30$21.47/sh−34,426$739,126→ 78,974 total
Footnotes (3)
- [F1]No shares were sold. 34,426 shares were withheld by the Issuer to satisfy statutory tax withholding requirements on vesting of performance stock units ("PSUs").
- [F2]Each PSU represents a contingent right to receive one share of Issuer common stock.
- [F3]As previously reported, on July 1, 2023, the reporting person was granted 87,500 PSUs. The PSUs vested and settled into the same number of shares of common stock upon achieving a total shareholder return in excess of 50% as of the end of the fiscal quarter ended September 30, 2024, calculated using the three-month volume-weighted average closing price in accordance with the underlying agreement.