MICHAEL A. RUTLEDGE - 07 Sep 2021 Form 4 Insider Report for ADDVANTAGE TECHNOLOGIES GROUP INC

Signature
/s/ Michael Rutledge
Issuer symbol
N/A
Transactions as of
07 Sep 2021
Net transactions value
+$234,000
Form type
4
Filing time
16 Sep 2021, 16:08:21 UTC
Next filing
24 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEY Common Stock Award $189,000 +75,000 $2.52 75,000 07 Sep 2021 Direct F1
transaction AEY Common Stock Award $45,000 +17,857 +24% $2.52 92,857 07 Sep 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.