Pulmatrix, Inc. — Director's Dealing 2015

Jun 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pulmatrix, Inc. (PULM)
CIK: 0001574235
Period of Report: 2015-06-15

Reporting Person: Graves Kurt (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-15	Stock Option (Right to Buy)	$2.20	A	14850	Acquired	2020-05-24	Common Stock (14850)	Direct
2015-06-16	Stock Option (Right to Buy)	$11.80	A	10969	Acquired	2025-06-16	Common Stock (10969)	Direct

Footnotes

F1: On June 15, 2015, the Reporting Person received these securities of the Issuer in exchange for a stock option to acquire 250,520 shares of common stock of a private company formerly known as Pulmatrix, Inc. (the "Former Entity") with an exercise price of $0.13 per share, in connection with the merger of the Former Entity into the Issuer.

F2: These options are fully vested and exercisable.

F3: Reflects a 1-for-2.5 reverse stock split effected on June 15, 2015.

F4: The option vests as to 2.08% monthly for 48 months from the date of grant.