Matthew Fisch - May 15, 2024 Form 4 Insider Report for AEye, Inc. (LIDR)

Role
Chief Executive Officer, Director
Signature
Siraj Husain, by power of attorney previously filed
Stock symbol
LIDR
Transactions as of
May 15, 2024
Transactions value $
-$16,263
Form type
4
Date filed
5/17/2024, 06:18 PM
Previous filing
Feb 16, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Sale -$12.3K -3.75K -2.6% $3.27 140K May 15, 2024 Direct F1, F2, F3, F4
transaction LIDR Common Stock Sale -$3.99K -1.07K -0.76% $3.74 139K May 15, 2024 Direct F1, F5
* 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 The total reflects additional shares of common stock acquired under the Company's Employee Stock Purchase Plan (the "ESPP"), which shares were acquired following the Reporting Person's last Section 16 filing. Under the ESPP, 2,631 shares were acquired on May 1, 2024 at a transaction price of $0.8585 per share.
F4 The total reflects a reduction of 66,666 shares under the performance-based award made to the Reporting Person on February 13, 2023, as the performance condition for the award was not satisfied.
F5 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.