Filing Details

Accession Number:
0001193805-24-000755
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-06-06 08:30:54
Reporting Period:
2024-06-05
Accepted Time:
2024-06-06 08:30:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1560258 Electrocore Inc. ECOR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1382042 S Daniel Goldberger 200 Forge Way, Suite 205
Rockaway NJ 07866
Chief Executive Officer Yes Yes No 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 Acquisiton 2024-06-05 38,505 $6.43 249,565 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants to Purchase Common Stock Acquisiton 2024-06-05 19,252 $0.06 19,252 $6.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
19,252 2024-06-05 2029-06-05 No 4 P Direct
Footnotes
  1. On June 5, 2024, pursuant to a private placement offering by the Issuer, the Reporting Person acquired 38,505 Units, each Unit consisting of (i) one share of the Issuer's Common Stock and (ii) one Warrant to purchase one-half share of the Issuer's Common Stock. The combined purchase price in the Offering was $6.4925 per Unit, inclusive of $6.43 per share of Common Stock and $0.0625 per Warrant. Each Warrant entitles the holder thereof to purchase one half of a share of Common Stock, is immediately exercisable from the date of issuance at an exercise price of $6.43 per share, and expires five years after issuance.
  2. Includes an additional previously issued 75,000 shares issuable pursuant to Restricted Stock Units that will potentially vest in one-third increments on each of January 16, 2025, January 16, 2026, and January 16, 2027. All such unvested shares were previously reported on a Form 4 filing at the time of grant.
  3. Includes an additional previously issued 50,000 shares issuable pursuant to Restricted Stock Units that will potentially vest in one-third increments on each of August 4, 2024, August 4, 2025, and August 4, 2026. All such unvested shares were previously reported on a Form 4 filing at the time of grant.