Stephen Sonne - Mar 29, 2024 Form 4 Insider Report for Palladyne AI Corp. (STRC)

Role
CHIEF LEGAL OFFICER
Signature
/s/ Stephen Sonne
Stock symbol
STRC
Transactions as of
Mar 29, 2024
Transactions value $
-$4,865
Form type
4
Date filed
4/2/2024, 05:31 PM
Previous filing
Feb 27, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$4.87K -2.69K -1.88% $1.81 140K Mar 29, 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 9,438 settled on March 29, 2024 and were then reduced by the 2,688 shares withheld for taxes as reported on this Form 4.