Form 4 for PDYN Palladyne AI Corp.
Accepted 2021-12-14 00:00:00 ET · period of report 2021-12-13 · accession 0001209191-21-069665 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-14 | 2021-12-13 | PDYN | Allgood Kiva A. | Pres, CEO, Dir | A - Grant | $0.00 | +410.4K | 410.4K | New | $0 |
| D | 2021-12-14 | 2021-12-13 | PDYN | Allgood Kiva A. | Pres, CEO, Dir | A - Grant | — | 0 | 680.3K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-13 | A | A | 410,397 | $0.00 | 410,397 | D | — | — | (F1) Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on December 13, 2022, and thereafter 1/12 of the remaining portion of the award will vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date. |
| 2 | Derivative | Stock Option (right to buy) | 2021-12-13 | A | A | 0 | $0.00 | 680,272 | D | $7.31 · — to 2031-12-12 | 680,272 Common Stock | (F2) 25% of the shares subject to the Option will vest on December 13, 2022, and thereafter 1/12 of the shares subject to the Option shall vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date. |