Aeluma, Inc. — Director's Dealing 2022

Apr 5, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Aeluma, Inc. (NONE)
CIK: 0001828805
Period of Report: 2021-12-01

Reporting Person: Paglia John Kenneth (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Stock Options	$2.00	2032-02-28	Common Stock (12500)		Direct
Common Stock Options	$2.00	2032-05-31	Common Stock (12500)		Direct
Common Stock Options	$2.00	2031-07-02	Common Stock (2500)		Direct
Common Stock Options	$2.00	2031-08-02	Common Stock (2500)		Direct
Common Stock Options	$2.00	2031-09-02	Common Stock (2500)		Direct
Common Stock Options	$2.00	2031-10-02	Common Stock (2500)		Direct
Common Stock Options	$2.00	2032-05-09	Common Stock (4188)		Direct

Footnotes

F1: Pursuant to Mr. Paglia's Director Agreement dated December 1, 2021, he received an option to purchase an aggregate 125,000 shares of the Issuer's common stock that vest in equal quarterly increments, with 50,000 earned for 1 year of service, an additional 37,500 earned for a second year of service, if re-elected, and the final 37,500 earned for a third year of service, if re-elected.

F2: Mr. Paglia is entitled to additional options for his service on our corporate governance committees: 10,000 as Chair of the Audit Committee, 3,750 as member of the compensation committee and 3,000 as member of the nomination/governance committee. All of those options are payable in quarterly increments with immediate vesting.