Dennis M. Weibling - 31 Oct 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
Issuer symbol: PDYN
Transactions as of: 31 Oct 2024
Net transactions value: +$499,998
Form type: 4/A - Amendment
Filing time: 05 Nov 2024, 17:24:45 UTC
Date Of Original Report: 04 Nov 2024
Previous filing: 13 Jun 2024
Next filing: 13 Jun 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PDYN	Common Stock	Award	$473,117	+215,053	+123%	$2.20	389,884	31 Oct 2024	Direct	F1
holding	PDYN	Common Stock						200,000	31 Oct 2024	By On Eagles Wings Investments, LLC	F2
holding	PDYN	Common Stock						376,780	31 Oct 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	$26,882	+215,053		$0.1250	215,053	31 Oct 2024	Common Stock	215,053	$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.