Stanley Arthur Reese - 18 Mar 2022 Form 4 Insider Report for WAVEDANCER, INC. (AIFF)

Role
President-Tellenger Subsidiary
Signature
/s/ Matthew T. Sands
Issuer symbol
AIFF
Transactions as of
18 Mar 2022
Net transactions value
+$7,500
Form type
4
Filing time
22 Mar 2022, 10:22:33 UTC
Previous filing
30 Aug 2021
Next filing
19 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAVD Common Stock Exercise of in-the-money or at-the-money derivative security $7,500 +50,000 +217% $0.1500 73,000 18 Mar 2022 Direct

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 WAVD Options (Right-to-Buy) Exercise of in-the-money or at-the-money derivative security -50,000 -8.9% 510,000 18 Mar 2022 Common Stock 50,000 $0.1500 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Per Instruction 4.(c)(iii), since the transaction is the exercise of a derivative security, coulumn 8 is left blank and the exercise price is reported in column 2.

Remarks:

Table I and Table II reflect the exercise of options to purchase 50,000 shares of Common Stock at an exercise price of $0.15 per share.