Form 4 for PDYN Palladyne AI Corp.
Accepted 2022-05-23 00:00:00 ET · period of report 2022-05-20 · accession 0001209191-22-031512 · 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 | 2022-05-23 | 2022-05-20 | PDYN | Martindale Kristi | EVP, Ch. Product, Market Off | A - Grant | $0.00 | +53.9K | 108.0K | +100% | $0 |
| D | 2022-05-23 | 2022-05-20 | PDYN | Martindale Kristi | EVP, Ch. Product, Market Off | A - Grant | $0.00 | +85.2K | 85.2K | New | $0 |
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 | 2022-05-20 | A | A | 53,912 | $0.00 | 107,990 | 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 May 20, 2023, and then 1/12 of the award vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date. |
| 2 | Derivative | Stock Option (right to buy) | 2022-05-20 | A | A | 85,220 | $0.00 | 85,220 | D | $4.09 · — to 2032-05-20 | 85,220 Common Stock | (F2) 25% of the shares subject to the Option will vest on May 20, 2023, and then 1/12 of the shares subject to the Option vest on each Quarterly Vesting Date thereafter, subject to the Reporting Person's continued service to the Issuer through such date. |