ECOR.NASDAQElectrocore, INC
Form 4: electroCore Director Cuneo F Peter Acquires 50,000 Stock Options
Sentiment:
SEC Form 4
Director Cuneo F Peter acquired 50,000 stock options in electroCore, Inc. on July 11, 2024.
Summary
- On July 11, 2024, Cuneo F Peter, a director of electroCore, Inc., acquired 50,000 stock options.
- The exercise price of these options is $6.43.
- The options vest in 12 equal monthly installments from the grant date, but will fully vest earlier if there is a change of control or the day before the next annual stockholder meeting after January 1, 2025, provided continuous service.
- The options expire on July 11, 2028.
- Following the transaction, Cuneo F Peter directly owns 50,000 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's acquisition of stock options. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Stakeholder Impact
- The acquisition of stock options by a director may signal confidence in the company's future prospects to shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/11/2024 | Date of transaction: acquisition of 50,000 stock options. |
| 07/11/2028 | Expiration date of the stock options. |
| January 1, 2025 | Options may fully vest prior to this date if there is a change of control or the day before the next annual stockholder meeting after this date. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.