Nuwellis (NUWE) awards 6,744 stock options to director Waller
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nuwellis, Inc. reported that director Gregory D. Waller received a grant of 6,744 nonstatutory stock options for common stock. The options have an exercise price of $1.16 per share and expire on April 27, 2036.
According to the filing, these options vest in 12 approximately equal monthly installments starting one month after the grant date, becoming fully vested after one year. Following this award, Waller holds 6,744 derivative securities of this type directly, reflecting a routine compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WALLER GREGORY D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonstatutory Stock Option (right to buy) | 6,744 | $0.00 | -- |
Holdings After Transaction:
Nonstatutory Stock Option (right to buy) — 6,744 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 6,744 options
Exercise price: $1.16 per share
Expiration date: April 27, 2036
+2 more
5 metrics
Options granted
6,744 options
Nonstatutory stock option grant to director Gregory D. Waller
Exercise price
$1.16 per share
Exercise price for Nuwellis common stock under the option
Expiration date
April 27, 2036
Option expiration for Waller’s nonstatutory stock options
Total options after grant
6,744 options
Total derivative securities of this grant held following transaction
Vesting schedule
12 monthly installments
Vests over one year starting one month after grant date
Key Terms
Nonstatutory Stock Option, exercise price, expiration date, vests in 12 approximately equal consecutive monthly increments
4 terms
Nonstatutory Stock Option financial
"Nonstatutory Stock Option (right to buy)"
A nonstatutory stock option (also called a non-qualified stock option) is an employee or contractor right to buy company shares at a set price that does not qualify for special tax treatment. When exercised, the difference between the market price and the set price is treated as ordinary income for the recipient and usually triggers payroll tax and withholding. For investors, these options matter because they create potential share dilution, affect reported compensation costs, and influence the timing of when new shares enter the market—similar to a coupon that lets someone buy stock at a discount but results in an immediate tax bill.
exercise price financial
"conversion_or_exercise_price": "1.1600""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-04-27T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vests in 12 approximately equal consecutive monthly increments financial
"Vests in 12 approximately equal consecutive monthly increments"
FAQ
What did Nuwellis (NUWE) disclose about Gregory Waller in this Form 4?
Nuwellis disclosed that director Gregory D. Waller received a grant of 6,744 nonstatutory stock options for common stock. These options are a compensation-related award, not an open-market purchase, and give him the right to buy shares at a fixed exercise price.
How many Nuwellis (NUWE) stock options were granted to director Gregory Waller?
Gregory D. Waller was granted 6,744 nonstatutory stock options tied to Nuwellis common stock. This entire amount represents his reported holdings of this option grant after the transaction, according to the Form 4 insider filing data.
What is the exercise price of Gregory Waller’s Nuwellis (NUWE) stock options?
The options granted to Gregory D. Waller carry an exercise price of $1.16 per share. This means he can purchase Nuwellis common stock at $1.16 under the option terms, regardless of the future market price when he chooses to exercise.
When do Gregory Waller’s Nuwellis (NUWE) stock options expire?
Gregory D. Waller’s nonstatutory stock options expire on April 27, 2036. Up to that expiration date, and subject to vesting, he can choose to exercise the options and buy Nuwellis common shares at the fixed $1.16 exercise price.
How do Gregory Waller’s Nuwellis (NUWE) options vest over time?
The options vest in 12 approximately equal monthly installments starting one month after the grant date. As a result, all 6,744 options will be fully vested on the one-year anniversary of the grant, according to the footnote disclosure in the Form 4.
Is Gregory Waller’s Nuwellis (NUWE) Form 4 transaction an open-market buy or a grant?
The Form 4 shows a grant or award acquisition of options, coded as an “A” transaction. It is a compensation-related nonstatutory stock option grant, not an open-market share purchase, and carries a $1.16 per share exercise price with future vesting.