Timothy J. Ackerman - Feb 10, 2023 Form 4 Insider Report for AUDDIA INC. (AUUD)

Signature
/s/ Timothy J. Ackerman
Stock symbol
AUUD
Transactions as of
Feb 10, 2023
Transactions value $
$0
Form type
4
Date filed
2/14/2023, 08:32 PM

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 +150K $0.00 150K Feb 10, 2023 Common Stock 150K $1.12 Direct F1
transaction AUUD Restricted Stock Units Award $0 +37.5K $0.00 37.5K Feb 10, 2023 Common Stock 37.5K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in four equal annual installments, with vesting beginning on February 6, 2023.
F2 Each restricted stock unit represents a contingent right to receive one share of AUUD common stock.
F3 The restricted stock units vest in 12 monthly installments and will settle (to the extent of the outstanding and vested) on February 6, 2024.