Joseph J. Migliozzi - 14 Dec 2021 Form 4 Insider Report for ANDREA ELECTRONICS CORP

Role
Director
Signature
/s/ Joseph J. Migliozzi
Issuer symbol
ANDR on OTC
Transactions as of
14 Dec 2021
Net transactions value
+$4,430
Form type
4
Filing time
17 Dec 2021, 18:05:26 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDR Common Stock Purchase $4,430 +142,900 +9.3% $0.0310 1,672,254 14 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ANDR Employee Stock Option (right to buy) 225,000 14 Dec 2021 Common Stock 225,000 $0.0500 Direct F1
holding ANDR Employee Stock Option (right to buy) 100,000 14 Dec 2021 Common Stock 100,000 $0.0700 Direct F3
holding ANDR Employee Stock Option (right to buy) 150,000 14 Dec 2021 Common Stock 150,000 $0.0800 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Options granted on November 16, 2016 will vest as follows: 33.3% on November 16, 2017, 33.3% on November 16, 2018 and 33.4% November 16, 2019.
F2 Stock Options granted on October 21, 2014 will vest as follows: 33.3% on October 21, 2015, 33.3% on October 21, 2016 and 33.4% on October 21, 2017.
F3 Stock Options granted on October 2, 2014 will vest as follows: 33.3% on October 2, 2014, 33.3% on October 2, 2015 and 33.4% on October 2, 2016.