Nuwellis, Inc. — Director's Dealing 2021

May 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Nuwellis, Inc. (NUWE)
CIK: 0001506492
Period of Report: 2021-05-19

Reporting Person: Brandt Steven Frank (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-19	Nonstatutory Stock Option (right to buy)	$3.63	A	9798	Acquired	2031-05-18	Common Stock (9798)	Direct

Footnotes

F1: Vests in 12 approximately equal consecutive monthly increments, commencing on the one-month anniversary of the date of grant, so that all of the options will be vested on the one-year anniversary of the date of grant.