Michael T. Lawless - Dec 9, 2022 Form 4 Insider Report for AUDDIA INC. (AUUD)

Role
Chief Executive Officer, Director
Signature
/s/ Michael T. Lawless
Stock symbol
AUUD
Transactions as of
Dec 9, 2022
Transactions value $
$0
Form type
4
Date filed
12/12/2022, 06:57 PM
Previous filing
Sep 9, 2022

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 Stock option (right to buy) Award $0 +133K +88.66% $0.00 283K Dec 9, 2022 Common Stock 133K $1.21 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an option grant for 132,983 shares approved on 9/8/2022, subject to stockholder approval of an amendment of the equity incentive plan under which the option was granted. Said amendment was approved by stockholders on December 9, 2022.
F2 The option is 50% vested immediately. The remaining portion of the option vests in two equal installments on February 16, 2023 and February 16, 2024.