Form 4 for PDYN Palladyne AI Corp.
Accepted 2022-05-23 00:00:00 ET · period of report 2022-05-20 · accession 0001209191-22-031519 · 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 | Wolff Benjamin G | Executive COB, Dir | A - Grant | $0.00 | +122.2K | 4.92M | +3% | $0 |
| DMI | 2022-05-23 | 2022-05-20 | PDYN | Wolff Benjamin G | Executive COB, Dir | A - Grant | $0.00 | +58.4K | 49.4K | New | $0 |
| DI | 2022-05-23 | 2022-05-20 | PDYN | Wolff Benjamin G | Executive COB, Dir | F - Tax | $0.00 | -3,524 | 54.9K | -6% | $0 |
| DI | 2022-05-23 | 2022-05-20 | PDYN | Wolff Benjamin G | Executive COB, Dir | A - Grant | $0.00 | +78.1K | 78.1K | 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 | 122,249 | $0.00 | 4,923,617 | D BySpouse | — | — | (F2) Represents RSUs granted pursuant to the Plan which can only be settled with shares of common stock. 100% of the award will vest on December 13, 2022, subject to the Reporting Person's continued service to the Issuer through such date. |
| 2 | Common | Common Stock | 2022-05-20 | A | A | 8,955 | $0.00 | 58,380 | I By Spouse | — | — | (F3) Represents restricted stock granted pursuant to the Plan. 100% of the award vested on the date of grant. |
| 3 | Common | Common Stock | 2022-05-20 | A | A | 49,425 | $0.00 | 49,425 | I By Spouse | — | — | (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. |
| 4 | Common | Common Stock | 2022-05-20 | F | D | 3,524 | $0.00 | 54,856 | I | — | — | |
| 5 | Derivative | Stock Option (right to buy) | 2022-05-20 | A | A | 78,128 | $0.00 | 78,128 | I By spouse | $4.09 · — to 2032-05-20 | 78,128 Common Stock | (F6) 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. |