Raymond Nobu Chang - Aug 8, 2022 Form 4 Insider Report for Agrify Corp (AGFY)

Role
CEO and Chairman, Director
Signature
/s/ Josh Savitz, attorney-in-fact
Stock symbol
AGFY
Transactions as of
Aug 8, 2022
Transactions value $
$0
Form type
4
Date filed
8/10/2022, 04:30 PM
Previous filing
May 23, 2022
Next filing
Dec 21, 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 +300K $0.00 300K Aug 8, 2022 Common Stock 300K 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.
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 August 8, 2023, August 8, 2024 and August 8, 2025, subject to the reporting person's continuous service through each applicable vesting date.