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

Role
Chief Operating Officer
Signature
/s/ Josh Savitz, attorney-in-fact
Stock symbol
AGFY
Transactions as of
Jul 14, 2022
Transactions value $
$0
Form type
4
Date filed
7/18/2022, 04:51 PM
Previous filing
Feb 4, 2022

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 +200K $0.00 200K Jul 14, 2022 Common Stock 200K 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.