Form 4 for PDYN Palladyne AI Corp.
Accepted 2022-11-22 00:00:00 ET · period of report 2022-11-20 · accession 0001209191-22-058489 · 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 | 2022-11-22 | 2022-11-20 | PDYN | Hamer Andrew | CFO | A - Grant | $0.00 | +641.0K | 641.0K | New | $0 |
| D | 2022-11-22 | 2022-11-20 | PDYN | Hamer Andrew | CFO | A - Grant | $0.00 | +986.8K | 986.8K | 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 | 2022-11-20 | A | A | 641,026 | $0.00 | 641,026 | 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 vests on the first anniversary of the Grant Date, and 1/12 of the award vests on each Quarterly Vesting Date thereafter, subject to continued service. Quarterly Vesting Date means each of: March 29, May 20, August 20 and November 20, subject to the Reporting Person's continued service to the Issuer through such date. |
| 2 | Derivative | Stock Option (right to buy) | 2022-11-20 | A | A | 986,842 | $0.00 | 986,842 | D | $1.17 · — to 2032-11-19 | 986,842 Common Stock | (F2) 25% of the shares subject to the option vests on the first anniversary of the Grant Date, and 1/12 of the award vests on each Quarterly Vesting Date thereafter, subject to continued service. Quarterly Vesting Date means each of: March 29, May 20, August 20 and November 20. subject to the Reporting Person's continued service to the Issuer through such date. |