C. Randal Mills - Jun 21, 2024 Form 4 Insider Report for ELUTIA INC. (ELUT)

Role
PRESIDENT AND CEO, Director
Signature
/s/ Jeffrey Hamet, Attorney-in-Fact for C. Randal Mills
Stock symbol
ELUT
Transactions as of
Jun 21, 2024
Transactions value $
-$28,067
Form type
4
Date filed
6/25/2024, 08:30 AM
Previous filing
Jun 12, 2024
Next filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELUT Class A Common Stock Options Exercise +22.5K +19.45% 138K Jun 21, 2024 Direct F1, F2
transaction ELUT Class A Common Stock Tax liability -$28.1K -8.02K -5.81% $3.50 130K Jun 21, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ELUT Restricted Stock Units Options Exercise $0 -22.5K -33.33% $0.00 44.9K Jun 21, 2024 Class A Common Stock 22.5K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer Class A Common Stock.
F3 Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.
F4 On June 21, 2022, the Reporting Person was granted 89,893 restricted stock units, vesting in four substantially equal annual installments beginning in June 21, 2023.