Denis Garagic - 29 Mar 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Denis Garagic
Issuer symbol
PDYN
Transactions as of
29 Mar 2024
Net transactions value
-$6,154
Form type
4
Filing time
02 Apr 2024, 17:28:40 UTC
Previous filing
27 Feb 2024
Next filing
19 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability $6,154 -3,400 -0.61% $1.81 551,716 29 Mar 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of restricted stock units ("RSUs").
F2 Includes shares represented by RSUs, of which 11,721 settled on March 29, 2024 and were then reduced by the 3,400 shares withheld for taxes as reported on this Form 4.