Michael J. Alber - 04 Apr 2024 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role
Director
Signature
/s/ Michael J. Alber
Issuer symbol
AERG
Transactions as of
04 Apr 2024
Net transactions value
$0
Form type
4
Filing time
08 Apr 2024, 11:31:26 UTC
Previous filing
03 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 AERG Non-Qualified Stock Options Award +250,000 250,000 04 Apr 2024 Common Stock, par value $.001 per share 250,000 $1.99 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest annually over a period of three years in the amount of 100,000 shares on the first anniversary and 75,000 shares on each of the second and third anniversaries.
F2 Options expire on the tenth anniversary of the date of grant.
F3 Options were issued in exchange for services rendered as a director of the company.