Acutus Medical, Inc. director just picked up 1,800 shares

Shahzad Malik, a director of Acutus Medical, Inc., recently acquired 1,800 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on June 17, 2021. Malik now owns 1,621,171 shares of the company. Malik operates out of Carlsbad, CA. Some additional info was provided as follows:


Each annual restricted stock unit ("Annual RSU") will be scheduled to vest as to all of the shares of Common Stock ("Shares") subject to such Annual RSU on the first anniversary of the date of grant of such Annual RSU, if on such date the Reporting person has remained in continuous service as a director
These shares are held by Advent Life Sciences LLP ("Advent"). The Reporting Person is a general partner of A dvent, and disclaims beneficial ownership of the securities held by Advent except to the extent of his indirect pecuniary interest therein.
These shares are held by Advent Life Sciences Fund I LP. Advent is the general partner of Advent Life Sciences Fund II LP and the Reporting Person is a general partner of Advent. The Reporting Person disclaims beneficial ownership of the securities held by Advent Life Sciences Fund II LP except to the extent of his indirect pecuniary interest therein.
Each annual stock option (the "Annual Option") will be scheduled to vest and become exercisable as to all of the Shares subject to such Annual Option on the first anniversary of the date of grant of such Annual Option, if on such date the Reporting Person has remained in continuous service as a director.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or - June 24, 2022
Acutus Medical, Inc. director just disposed of 60,000 shares - June 3, 2022
Acutus Medical, Inc.'s Chief Financial Officer just picked up 100,000 shares - June 2, 2022

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