Michael T. Lawless - 09 Dec 2022 Form 4 Insider Report for AUDDIA INC. (AUUD)

Role
Chief Executive Officer, Director
Signature
/s/ Michael T. Lawless
Issuer symbol
AUUD
Transactions as of
09 Dec 2022
Net transactions value
$0
Form type
4
Filing time
12 Dec 2022, 18:57:41 UTC
Previous filing
09 Sep 2022
SEC
View on sec.gov

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 +132,983 +89% $0.000000 282,983 09 Dec 2022 Common Stock 132,983 $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.