Grant Begley - Jun 28, 2024 Form 4 Insider Report for AgEagle Aerial Systems Inc. (UAVS)

Role
Director
Signature
/s/ Grant Begley
Stock symbol
UAVS
Transactions as of
Jun 28, 2024
Transactions value $
$0
Form type
4
Date filed
7/2/2024, 06:07 PM
Previous filing
Apr 8, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAVS Common Stock, par value $0.001 Award $0 +15.4K +72.76% $0.00 36.7K Jun 28, 2024 Direct F2, F3
transaction UAVS Common Stock, par value $0.001 Award $0 +1.5K +7.6% $0.00 21.2K Jun 28, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units granted under the Company's 2017 Omnibus Equity Incentive Plan as part of his director compensation for the fiscal quarter ended June 30, 2024. These restricted stock units vest 100% on the grant date.
F2 Takes into account the 20:1 reverse stock split effected on February 9, 2024.
F3 Represent restricted stock units issued under the Company's 2017 Omnibus Equity Incentive Plan due to the cancellation of all outstanding options. Two RSU's were granted for every three options cancelled. The RSU's will vest as follows: 1/3 immediately, 1/3 after one year and 1/3 after two years.