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

Role
Secretary & General Counsel
Signature
Andrew S. Hughes
Stock symbol
LIDR
Transactions as of
Mar 15, 2022
Transactions value $
-$123,334
Form type
4
Date filed
3/16/2022, 04:21 PM
Previous filing
Feb 17, 2022
Next filing
Apr 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Award $0 +380K +27.82% $0.00 1.75M Mar 15, 2022 Direct F1
transaction LIDR Common Stock Tax liability -$123K -27.8K -1.59% $4.44 1.72M Mar 15, 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.