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

Role
Chief Financial Officer
Signature
/s/ Timothy J. Ackerman
Issuer symbol
AUUD
Transactions as of
10 Feb 2023
Net transactions value
$0
Form type
4
Filing time
14 Feb 2023, 20:32:35 UTC
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 +150,200 $0.000000 150,200 10 Feb 2023 Common Stock 150,200 $1.12 Direct F1
transaction AUUD Restricted Stock Units Award $0 +37,500 $0.000000 37,500 10 Feb 2023 Common Stock 37,500 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.