G. James Benoit Jr. - 21 Nov 2022 Form 4 Insider Report for WAVEDANCER, INC. (AIFF)

Signature
/s/ Matthew T. Sands, Atty-in-fact
Issuer symbol
AIFF
Transactions as of
21 Nov 2022
Net transactions value
$0
Form type
4
Filing time
23 Nov 2022, 14:06:09 UTC
Previous filing
19 Oct 2022
Next filing
30 Nov 2022

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) Award $0 +360,000 +20% $0.000000 2,163,329 21 Nov 2022 Common Stock 360,000 $0.8600 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to and in accordance with the WaveDancer 2021 Stock Incentive Plan.
F2 The options become exercisable as to 120,000 Options on October 24, 2023, 120,000 Options on October 24, 2024, and 120,000 Options on October 24,2025.
F3 Includes Options for 1,390,000 sahres and Warrants for 773,329 shares of common stock.