Andrew S. Hughes - May 15, 2024 Form 4 Insider Report for AEye, Inc. (LIDR)

Signature
Siraj Husain, by power of attorney previously filed
Stock symbol
LIDR
Transactions as of
May 15, 2024
Transactions value $
-$10,097
Form type
4
Date filed
5/17/2024, 06:10 PM
Previous filing
Apr 16, 2024
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Sale -$7.62K -2.33K -3.3% $3.27 68.3K May 15, 2024 Direct F1, F2
transaction LIDR Common Stock Sale -$2.48K -663 -0.97% $3.74 67.6K May 15, 2024 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $3.13 to $3.39. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $3.41 to $4.19. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.