Filing Details

Accession Number:
0000899243-19-009842
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-04-03 18:33:09
Reporting Period:
2019-04-01
Accepted Time:
2019-04-03 18:33:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1560258 Electrocore Inc. ECOR Electromedical & Electrotherapeutic Apparatus (3845) 203454976
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1737616 P Joseph Errico 150 Allen Road, Suite 201
Basking Ridge NJ 07920
See Remarks Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-04-01 10,408 $6.97 571,941 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2019-04-01 106,112 $0.00 106,112 $6.72
Common Stock Restricted Stock Units Acquisiton 2019-04-01 25,706 $0.00 25,706 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
106,112 2020-04-01 2029-04-01 No 4 A Direct
25,706 2020-04-01 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 69,444 Indirect Via Errico 2010 Dynasty Trust
Common Stock 55,729 Indirect Via children
Common Stock 111,318 Indirect Via Core Ventures 2010, LLC
Common Stock 46,378 Indirect Via 2010 Core Investment Partners, LLC
Common Stock 406,566 Indirect Via Core Ventures II, LLC
Common Stock 24,779 Indirect Via Core Ventures IV, LLC
Common Stock 40,280 Indirect Via ECNG, LLC
Common Stock 382,607 Indirect Via NeuroCore Investment Partners, LLC
Footnotes
  1. These shares were sold pursuant to the Reporting Person's written trading plan pursuant to Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.55 to $7.08 per share. The Reporting Person undertakes to provide to electroCore, Inc., any security holder of electroCore, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold by it at each separate price on April 1, 2019.
  3. Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
  4. On April 1, 2019, the Reporting Person was granted 106,112 options to purchase shares of Common Stock of the Issuer, with 25% of such options vesting on the first anniversary of the date of grant and the remainder vesting in equal quarterly installments over the succeeding three year period.
  5. On April 1, 2019, the Reporting Person was granted 25,706 RSUs, with 25% of such RSUs vesting on the first anniversary of the date of grant and the remainder vesting in equal quarterly installments over the succeeding three year period.