Thomas Tewell - 15 Mar 2022 Form 4 Insider Report for AEye, Inc. (LIDR)

Role
Chief Operating Officer
Signature
Andrew S. Hughes, by power of attorney filed herewith
Issuer symbol
LIDR
Transactions as of
15 Mar 2022
Net transactions value
-$537,813
Form type
4
Filing time
16 Mar 2022, 16:06:11 UTC
Previous filing
18 Oct 2021
Next filing
15 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Award $0 +290,000 +19% $0.000000 1,822,970 15 Mar 2022 Direct F1
transaction LIDR Common Stock Tax liability $537,813 -121,129 -6.6% $4.44* 1,701,841 15 Mar 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which convert into common stock on a one-for-one basis at vesting. The reporting person received a restricted stock unit award which vests as to 1/12th of the total shares on the 15th day of the second month of each calendar quarter for a period of 36 months beginning on May 15, 2022.
F2 The transaction reported on this form represents a net settlement related to the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting event. No shares of stock were sold.