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

Role
Chief Operating Officer
Signature
Andrew S. Hughes, by power of attorney filed herewith
Stock symbol
LIDR
Transactions as of
Mar 15, 2022
Transactions value $
-$537,813
Form type
4
Date filed
3/16/2022, 04:06 PM
Previous filing
Oct 18, 2021
Next filing
Apr 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Award $0 +290K +18.92% $0.00 1.82M Mar 15, 2022 Direct F1
transaction LIDR Common Stock Tax liability -$538K -121K -6.64% $4.44* 1.7M Mar 15, 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.