Andrew S. Hughes - 15 Mar 2022 Form 4 Insider Report for AEye, Inc. (LIDR)

Role
Secretary & General Counsel
Signature
Andrew S. Hughes
Issuer symbol
LIDR
Transactions as of
15 Mar 2022
Net transactions value
-$123,334
Form type
4
Filing time
16 Mar 2022, 16:21:48 UTC
Previous filing
17 Feb 2022
Next filing
15 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Award $0 +380,000 +28% $0.000000 1,745,773 15 Mar 2022 Direct F1
transaction LIDR Common Stock Tax liability $123,334 -27,778 -1.6% $4.44 1,717,995 15 Mar 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which convert into common stock on a one-for-one basis at vesting. The reporting person received a restricted stock unit award which vests as to 1/12th of the total shares on the 15th day of the second month of each calendar quarter for a period of 36 months beginning on May 15, 2022.
F2 The transaction reported on this form represents a net settlement related to the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting event. No shares of stock were sold.