Gregory J. Quarles - Jun 21, 2024 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role
President and CEO, Director
Signature
/s/ Gregory J. Quarles
Stock symbol
AERG
Transactions as of
Jun 21, 2024
Transactions value $
-$13,015
Form type
4
Date filed
6/25/2024, 05:22 PM
Previous filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AERG Common Stock, par value $0.001 per share Options Exercise $3.33K +9.5K +1900% $0.35 10K Jun 21, 2024 Direct
transaction AERG Common Stock, par value $0.001 per share Sale -$16.3K -9.5K -100% $1.72 0 Jun 21, 2024 Direct F1

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 Options Exercise -9.5K -0.19% 4.91M Jun 21, 2024 Common Stock, par value $.001 per share 10K $0.35 Direct F2
holding AERG Restricted Stock Units 1.95M Jun 21, 2024 Common Stock, par value $.001 per share $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale price reflects the weighted average price of multiple trades executed at prices ranging from $1.67 to $1.74, on June 21, 2024. The reporting person undertakes to provide upon request to the SEC staff full information regarding the number of shares and prices at which the transaction was effected. Such shares were sold pursuant to a 10b-5 Plan which was adopted by Dr. Quarles on June 15, 2024.
F2 Options were issued in exchange for services rendered as an officer and director of the company.
F3 Restricted Stock Units are subject to vesting, and none of them were vested.