Jeffrey Thramann - Feb 16, 2022 Form 4 Insider Report for AUDDIA INC. (AUUD)

Signature
/s/ Jeffrey Thramann
Stock symbol
AUUD
Transactions as of
Feb 16, 2022
Transactions value $
-$44,379
Form type
4
Date filed
2/18/2022, 03:47 PM
Previous filing
Aug 12, 2021
Next filing
Apr 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AUUD Common Stock Options Exercise +75K +4.46% 1.76M Feb 16, 2022 Direct F1
transaction AUUD Common Stock Tax liability -$44.4K -24.8K -1.41% $1.79 1.73M Feb 16, 2022 Direct F2

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 AUUD Restricted Stock Units Options Exercise $0 -75K -50% $0.00 75K Feb 16, 2022 Common Stock 75K Direct F1, F3
transaction AUUD Restricted Stock Units Award $0 +150K $0.00 150K Feb 16, 2022 Common Stock 150K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of AUUD common stock.
F2 Reflects shares withheld by the issuer to satisfy tax withholding obligations.
F3 On August 11, 2021, the reporting person was granted 150,000 restricted stock units, vesting 50% on February 16, 2022 and 25% vesting on February 16, 2023 and February 16, 2024.
F4 On February 16, 2022, the reporting person was granted 150,000 restricted stock units, vesting in three equal installments on February 16, 2023, 2024 and 2025.