Michael A. Rutledge - Sep 7, 2021 Form 4 Insider Report for ADDVANTAGE TECHNOLOGIES GROUP INC (AEY)

Signature
/s/ Michael Rutledge
Stock symbol
AEY
Transactions as of
Sep 7, 2021
Transactions value $
$234,000
Form type
4
Date filed
9/16/2021, 04:08 PM
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEY Common Stock Award $189K +75K $2.52 75K Sep 7, 2021 Direct F1
transaction AEY Common Stock Award $45K +17.9K +23.81% $2.52 92.9K Sep 7, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For the 75,000 shares acquired on 9/7/2021, the shares will vest annually over a two year period with the first installment vesting on 9/7/2022.
F2 For the 17,857 shares acquired on 9/7/2021, there is a one year vesting period.