Timothy Mahoney - Nov 19, 2024 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Director
Signature
/s/ Lindsey Ford, attorney-in-fact
Stock symbol
AGFY
Transactions as of
Nov 19, 2024
Transactions value $
$0
Form type
4
Date filed
11/21/2024, 08:00 PM
Previous filing
Apr 26, 2024
Next filing
Dec 2, 2024

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 +5K $0.00 5K Nov 19, 2024 Common Stock 5K 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 19, 2025, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant shares of common stock underlying the restricted stock units, and subject to the reporting person's continuous service to the issuer through such vesting date.