Kelly Anderson - 28 Jun 2024 Form 4 Insider Report for AgEagle Aerial Systems Inc. (UAVS)

Role
Director
Signature
/s/ Kelly Anderson
Issuer symbol
UAVS
Transactions as of
28 Jun 2024
Net transactions value
$0
Form type
4
Filing time
02 Jul 2024, 18:07:09 UTC
Previous filing
17 May 2024
Next filing
12 Aug 2024
SEC
View on sec.gov

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 +1,903 +10% $0.000000 20,815 28 Jun 2024 Direct F2, F3
transaction UAVS Common Stock, par value $0.001 Award $0 +1,500 +8.6% $0.000000 18,912 28 Jun 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 her 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.