Dennis M. Weibling - Oct 31, 2024 Form 4/A - Amendment 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: Oct 31, 2024
Transactions value $: $499,998
Form type: 4/A - Amendment
Date filed: 11/5/2024, 05:24 PM
Date Of Original Report: Nov 4, 2024
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	$473K	+215K	+123.01%	$2.20	390K	Oct 31, 2024	Direct	F1
holding	PDYN	Common Stock						200K	Oct 31, 2024	By On Eagles Wings Investments, LLC	F2
holding	PDYN	Common Stock						377K	Oct 31, 2024	By Weibling Living Trust

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	$26.9K	+215K		$0.13	215K	Oct 31, 2024	Common Stock	215K	$2.30	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The acquisition reflected in the original Form 4 filed on November 4, 2024 ("Original Form 4") was an exempt transaction under Rule 16b-3. This amendment is being filed solely to amend the Original Form 4 to reflect the correct transaction code "A".
F2	On Eagles Wings Investments, LLC is an entity wholly-owned by Weibling Living Trust - Revocable Trust, for which Mr. Weibling and his spouse are sole beneficiaries, and Mr. Weibling's children.