ELUTIA INC. — Director's Dealing 2024

Aug 13, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ELUTIA INC. (ELUT)
CIK: 0001708527
Period of Report: 2024-08-12

Reporting Person: Ferguson Matthew (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-08-12	Class A Common Stock	M	50000	—	Acquired	307823	Direct
2024-08-12	Class A Common Stock	F	17840	$2.84	Disposed	289983	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-08-12	Restricted Stock Units	$	M	50000	Disposed		Class A Common Stock (50000)	Direct

Footnotes

F1: Transaction represents shares of the Issuer's Class A Common Stock received from the vesting of restricted stock units.

F2: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.

F3: Shares withheld by the Issuer to satisfy tax withholding requirements on vesting of restricted stock units.

F4: On January 31, 2024, the Reporting Person was granted 50,000 restricted stock units. The restricted stock units vested on the 10th business day following the clearance by the U.S. Food & Drug Administration ("FDA") of the Company's CanGarooRM antibiotic-eluting biologic envelope, unless such date is not during one of the Company's open trading windows, in which case such RSUs vested as of the first business day of the next open trading window. The CanGarooRM antibiotic-eluting biologic envelope, now known as EluPro, was cleared by the FDA on June 14, 2024 and the first business day of the next open trading window was August 12, 2024.