Benjamin G. Wolff - Oct 31, 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
PRESIDENT & CEO, Director
Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol
PDYN
Transactions as of
Oct 31, 2024
Transactions value $
$249,998
Form type
4
Date filed
11/4/2024, 09:00 PM
Previous filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Purchase $237K +108K $2.20 108K Oct 31, 2024 See footnote F1
holding PDYN Common Stock 1.31M Oct 31, 2024 Direct
holding PDYN Common Stock 904 Oct 31, 2024 By Spouse
holding PDYN Common Stock 383K Oct 31, 2024 See footnote F2

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 Warrants (right to buy) Purchase $13.4K +108K $0.13* 108K Oct 31, 2024 Common Stock 108K $2.30 See footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held by MLC Solo 401k Trust FOB Benjamin Wolff ("401k Trust"). Mr. Wolff and his spouse Julie Wolff are the trustees of the 401k Trust and share voting and dispositive power over equity held by the trust. Mr. Wolff is the sole beneficiary of the 401k Trust.
F2 Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.