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
- 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.
- 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.
- Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock of the Issuer.
- 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.
- 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.