Christopher Donaghey - Jul 13, 2024 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role
CFO/COO
Signature
/s/ Christopher Donaghey
Stock symbol
AERG
Transactions as of
Jul 13, 2024
Transactions value $
$0
Form type
4
Date filed
8/30/2024, 04:47 PM
Previous filing
Jun 5, 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 +100K +101.46% 199K Jul 13, 2024 Direct F1
transaction AERG Common Stock, par value $0.001 per share Tax liability -37.5K -18.9% 161K Jul 13, 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 Restricted Stock Unit Options Exercise -100K -33.33% 200K Jul 13, 2024 Common Stock, par value $.001 per share 100K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of vesting of RSUs in the amount of 100,000 shares with no exercise price and forfeiture of 37,532 to cover tax withholding.
F2 RSUs vest automatically in the amount of 100,000 shares on each anniversary date, without execution or any need for exercise, and have no expiration date. They were issued in exchange for services pursuant to an RSU Agreement.

Remarks:

Mr. Donaghey also holds options to purchase 1,350,000 shares of common stock as previously reported on Form 3, none of which were affected by the transactions reported herein.