Brian D. Finn - Oct 31, 2024 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
Director
Signature
/s/ Stephen Sonne, attorney in fact on behalf of Brian D. Finn
Stock symbol
PDYN
Transactions as of
Oct 31, 2024
Transactions value $
$249,998
Form type
4
Date filed
11/5/2024, 05:20 PM
Previous filing
Jun 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Award $237K +108K +29.85% $2.20 468K Oct 31, 2024 By Marstar Investments LLC F1, F2
holding PDYN Common Stock 62.1K Oct 31, 2024 Direct
holding PDYN Common Stock 243K Oct 31, 2024 By MI-CM LLC F3
holding PDYN Common Stock 85.9K Oct 31, 2024 By MI-MJ LLC F4

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) Award $13.4K +108K $0.13 108K Oct 31, 2024 Common Stock 108K $2.30 By Marstar Investments LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported acquisition is an exempt transaction under Rule 16b-3.
F2 Securities are held by Marstar Investments LLC ("Marstar"). Mr. Finn is the administrator of Marstar and has sole voting and dispositive power over the shares of Issuer common stock held by Marstar. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F3 Securities are held by MI-CM LLC ("MI-CM"). Mr. Finn is the administrator of MI-CM. As administrator, Mr. Finn has sole voting and dispositive power over the shares of Issuer common stock held by MI-CM. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
F4 Securities are held by MI-MJ LLC ("MI-MJ"). Mr. Finn is the administrator of MI-MJ. As administrator, Mr. Finn has sole voting and dispositive power over the shares of Issuer common stock held by MI-MJ. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.