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

Role
Director
Signature
/s/ Joseph J. Migliozzi
Stock symbol
ANDR
Transactions as of
Dec 14, 2021
Transactions value $
$4,430
Form type
4
Date filed
12/17/2021, 06:05 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANDR Common Stock Purchase $4.43K +143K +9.34% $0.03 1.67M Dec 14, 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) 225K Dec 14, 2021 Common Stock 225K $0.05 Direct F1
holding ANDR Employee Stock Option (right to buy) 100K Dec 14, 2021 Common Stock 100K $0.07 Direct F3
holding ANDR Employee Stock Option (right to buy) 150K Dec 14, 2021 Common Stock 150K $0.08 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.