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ELECTRO SENSORS INC Director's Dealing 2023

Sep 22, 2023

35047_dirs_2023-09-22_172c5348-42f3-49ab-95d2-c4542a78d2ec.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELECTRO SENSORS INC (ELSE)
CIK: 0000351789
Period of Report: 2023-08-28

Reporting Person: KLENK DAVID L (Director, CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-08-28 Stock Option (Right-to-Buy) $4.25 A 25000 Acquired 2033-08-28 Common Stock (25000) Direct
2023-09-01 Restricted Stock Units $ A 35000 Acquired Common Stock (35000) Direct

Footnotes

F1: Option vests as to 20% on August 28, 2023 and 20% annually thereafter.

F2: Each restricted stock unit represents a contingent right to receive one share of Electro-Sensors, Inc. common stock.

F3: The restricted stock units vest 20% on September 1, 2024 and 20% annually thereafter.