Form 4 for PDYN Palladyne AI Corp.
Accepted 2023-06-16 00:00:00 ET · period of report 2023-03-31 · accession 0001209191-23-038058 · 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 | 2023-06-16 | 2022-06-14 | PDYN | Wolff Benjamin G | Dir | A - Grant | $0.00 | +195.1K | 3.65M | +6% | $0 |
| DI | 2023-06-16 | 2023-03-31 | PDYN | Wolff Benjamin G | Dir | D - Sale to Iss | $0.00 | -49.4K | 5,431 | -90% | $0 |
| DMI | 2023-06-16 | 2023-03-31 | PDYN | Wolff Benjamin G | Dir | D - Sale to Iss | $0.00 | -148.7K | 0 | -100% | $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 | 2022-06-14 | A | A | 195,059 | $0.00 | 3,652,725 | D | — | — | (F2) Includes 195,059 RSUs, each RSU representing the right to receive one share of common stock of the Issuer. The RSUs will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders following the date the award was granted, in each case, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date. |
| 2 | Common | Common Stock | 2023-03-31 | D | D | 49,425 | $0.00 | 5,431 | I By spouse | — | — | (F1) Effective March 31, 2023, the spouse of the Reporting Person ceased her employment with the Issuer. In connection with her departure, the spouse of the Reporting Person forfeited 49,425 restricted share units ("RSUs") that had previously been reported in Table 1. These forfeited RSUs have been deducted from the amount of shares beneficially owned by the spouse of the Reporting Person in column 5. |
| 3 | Derivative | Stock Option (right to buy) | 2023-03-31 | D | D | 70,527 | $0.00 | 211,580 | I By spouse | $1.24 · — to 2030-03-22 | 70,527 Common Stock | (F4) Effective March 31, 2023, the spouse of the Reporting Person ceased her employment with the Issuer. In connection with her departure, the spouse of the Reporting Person forfeited 70,527 stock options (the "Options") that had previously been reported in Table II. These forfeited Options have been deducted from the amount of shares beneficially owned by the spouse of the Reporting Person in column 9. |
| 4 | Derivative | Stock Option (right to buy) | 2023-03-31 | D | D | 78,128 | $0.00 | 0 | I By spouse | $4.09 · — to 2032-05-20 | 78,128 Common Stock | (F5) Effective March 31, 2023, the spouse of the Reporting Person ceased her employment with the Issuer. In connection with her departure, the spouse of the Reporting Person forfeited 78,128 Options that had previously been reported in Table II. These forfeited Options have been deducted from the amount of shares beneficially owned by the spouse of the Reporting Person in column 9. |