BERND GOTTSCHALK - 01 Apr 2023 Form 4 Insider Report for AEye, Inc. (LIDR)

Role: Director
Signature: Siraj Husain, by power of attorney previously filed
Issuer symbol: LIDR
Transactions as of: 01 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Apr 2023, 17:51:34 UTC
Previous filing: 06 Jan 2023
Next filing: 04 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LIDR	Common Stock	Award	$0	+24,349	+16%	$0.000000	176,100	01 Apr 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	As permitted by the Issuer, the Reporting Person opted to receive equity in lieu of some or all of their quarterly cash compensation for service as a member of the Board of Directors of the Issuer.