STEPHEN SONNE - 20 May 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Signature
/s/ Stephen Sonne
Issuer symbol
PDYN
Transactions as of
20 May 2024
Net transactions value
-$1,562
Form type
4
Filing time
21 May 2024, 16:49:09 UTC
Previous filing
19 Apr 2024
Next filing
21 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Tax liability $1,562 -797 -0.57% $1.96 139,335 20 May 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, or RSUs.
F2 Includes shares represented by RSUs, of which 2,745 settled on May 20, 2024 and were then reduced by the 797 shares withheld for taxes as reported on this Form 4.