Dennis M. Weibling - Jun 12, 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
Director
Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Dennis M. Weibling
Stock symbol
PDYN
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/13/2024, 06:33 PM
Previous filing
Jun 10, 2024
Next filing
Nov 5, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PDYN Stock Option (right to buy) Award $0 +50K $0.00 50K Jun 12, 2024 Common Stock 50K $2.09 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One hundred percent (100%) of the award will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders following the date the award was granted, in each case, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.