David Aaron Kessler - Jul 14, 2022 Form 3 Insider Report for Agrify Corp (AGFY)

Role
Chief Scientific Officer
Signature
/s/ Josh Savitz, attorney-in-fact
Stock symbol
AGFY
Transactions as of
Jul 14, 2022
Transactions value $
$0
Form type
3
Date filed
8/5/2022, 04:31 PM
Next filing
Aug 10, 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
holding AGFY Stock Option (right to buy) Jul 14, 2022 Common Stock 33.6K $2.28 Direct F1
holding AGFY Stock Option (right to buy) Jul 14, 2022 Common Stock 31.7K $2.28 Direct F2
holding AGFY Stock Option (right to buy) Jul 14, 2022 Common Stock 48.2K $4.86 Direct F3
holding AGFY Stock Option (right to buy) Jul 14, 2022 Common Stock 44K $13.84 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received an option to purchase Common Stock from the issuer on May 6, 2020. 50% of the shares underlying the option vested on February 1, 2021, and the remaining underlying shares vest in 24 equal monthly installments on the first day of each month thereafter.
F2 The reporting person received an option to purchase Common Stock from the issuer on July 20, 2020. 50% of the shares underlying the option vested on February 1, 2021, and the remaining underlying shares vest in 24 equal monthly installments on the first day of each month thereafter.
F3 The reporting person received an option to purchase Common Stock from the issuer on October 19, 2020. 50% of the shares underlying the option vested on February 1, 2021, and the remaining underlying shares vest in 24 equal monthly installments on the first day of each month thereafter.
F4 The reporting person received an option to purchase Common Stock from the issuer on February 17, 2021. The underlying shares vest in 36 equal monthly installments following the grant date.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney