Trevor Thatcher - May 20, 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Trevor Thatcher
Stock symbol
PDYN
Transactions as of
May 20, 2024
Transactions value $
-$606
Form type
4
Date filed
5/21/2024, 04:51 PM
Previous filing
Apr 19, 2024
Next filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Tax liability -$606 -309 -0.27% $1.96 113K May 20, 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 930 settled on May 20, 2024 and were then reduced by the 309 shares withheld for taxes as reported on this Form 4.