Stuart Anthony Wilcox - 14 Jul 2022 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Chief Operating Officer
Signature
/s/ Josh Savitz, attorney-in-fact
Issuer symbol
AGFY
Transactions as of
14 Jul 2022
Net transactions value
$0
Form type
4
Filing time
18 Jul 2022, 16:51:00 UTC
Previous filing
04 Feb 2022
SEC
View on sec.gov

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
transaction AGFY Restricted Stock Unit Award $0 +200,000 $0.000000 200,000 14 Jul 2022 Common Stock 200,000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under to the Agrify Corporation 2022 Omnibus Equity Incentive Plan. The grant was made pursuant to the terms of an Employment Agreement between the issuer and the registrant dated July 14, 2022.
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer.
F3 The restricted stock units will vest in three equal installments on July 14, 2023, July 14, 2024 and July 14, 2025, subject to the reporting person's continuous service through each applicable vesting date.