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

Role
President-Tellenger Subsidiary
Signature
/s/ Matthew T. Sands
Stock symbol
WAVD
Transactions as of
Mar 18, 2022
Transactions value $
$7,500
Form type
4
Date filed
3/22/2022, 10:22 AM
Previous filing
Aug 30, 2021
Next filing
Jul 19, 2022

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 $7.5K +50K +217.39% $0.15 73K Mar 18, 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 -50K -8.93% 510K Mar 18, 2022 Common Stock 50K $0.15 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.