Tirukkur R. Ramachandran - Jan 11, 2023 Form 3 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: Jan 11, 2023
Transactions value $: $0
Form type: 3
Date filed: 1/19/2023, 06:05 PM
Next filing: Feb 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LIDR	Common Stock						1.62M	Jan 11, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents: (i) 124,815 shares of common stock of the Issuer; (ii) 354,167 restricted stock units (RSUs) remaining from a grant made on November 9, 2021 that vested as to 25% on November 15, 2022 and the remainder in equal monthly installments through November 15, 2025; (iii) 217,500 RSUs remaining from a grant made on March 14, 2022 that vest in equal quarterly installments through May 15, 2025; (iv) 300,000 RSUs granted on September 22, 2022 that will vest as to 50% on November 15, 2023 and 50% on May 15, 2024; (v) 500,000 RSUs granted on December 1, 2022 that will vest as to 1/12th each quarter commencing on February 15, 2023; and (vi) 121,000 RSUs granted on January 10, 2023 that will vest as to 1/3 on each of February 15, 2023, May 15, 2023, and August 15, 2023.

Content

Represents: (i) 124,815 shares of common stock of the Issuer; (ii) 354,167 restricted stock units (RSUs) remaining from a grant made on November 9, 2021 that vested as to 25% on November 15, 2022 and the remainder in equal monthly installments through November 15, 2025; (iii) 217,500 RSUs remaining from a grant made on March 14, 2022 that vest in equal quarterly installments through May 15, 2025; (iv) 300,000 RSUs granted on September 22, 2022 that will vest as to 50% on November 15, 2023 and 50% on May 15, 2024; (v) 500,000 RSUs granted on December 1, 2022 that will vest as to 1/12th each quarter commencing on February 15, 2023; and (vi) 121,000 RSUs granted on January 10, 2023 that will vest as to 1/3 on each of February 15, 2023, May 15, 2023, and August 15, 2023.