David Aaron Kessler - 28 Nov 2023 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Chief Scientific Officer
Signature
/s/ Josh Savitz, attorney-in-fact
Issuer symbol
AGFY
Transactions as of
28 Nov 2023
Net transactions value
$0
Form type
4
Filing time
30 Nov 2023, 16:30:09 UTC
Previous filing
04 Oct 2022
Next filing
26 Apr 2024
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 +203,961 $0.000000 203,961 28 Nov 2023 Common Stock 203,961 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 the Agrify Corporation 2022 Omnibus Equity Incentive Plan (the "Plan").
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer.
F3 100% of the restricted stock units will vest on November 28, 2024, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant the units, and subject to the reporting person's continuous service through such vesting date.