Stephen Sonne - 10 Mar 2025 Form 4 Insider Report for Palladyne AI Corp. (PDYN)

Role
CHIEF LEGAL OFFICER
Signature
/s/ Stephen Sonne
Issuer symbol
PDYN
Transactions as of
10 Mar 2025
Net transactions value
$0
Form type
4
Filing time
11 Mar 2025, 18:33:03 UTC
Previous filing
26 Feb 2025
Next filing
02 Apr 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 $0 +70,000 +55% $0.000000 197,218 10 Mar 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan, which can only be settled with shares of common stock. 25% of the award vests on March 10, 2026 and 1/12 of the award vests on each quarterly vesting date thereafter beginning May 20, 2026, subject to continued service through the applicable vesting date.