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THATCHER TREVOR 4

Accession 0001415889-24-009845

CIK 0001826681other

Filed

Apr 1, 8:00 PM ET

Accepted

Apr 2, 5:33 PM ET

Size

9.1 KB

Accession

0001415889-24-009845

Insider Transaction Report

Form 4
Period: 2024-03-29
THATCHER TREVOR
CHIEF FINANCIAL OFFICER
Transactions
  • Award

    Common Stock

    2024-03-29+100,000114,598 total
  • Tax Payment

    Common Stock

    2024-03-29$1.81/sh1,112$2,013113,486 total
  • Tax Payment

    Common Stock

    2024-04-01$1.97/sh30$59113,456 total
Footnotes (4)
  • [F1]Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan, which can only be settled with shares of common stock. 25% of the award vests on March 29, 2025, and 1/12 of the award vests on each quarterly vesting date thereafter, subject to continued service through the applicable vesting date.
  • [F2]In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.
  • [F3]Includes shares represented by RSUs, of which 3,240 settled on March 29, 2024 and were then reduced by the 1,112 shares withheld for taxes as reported on this Form 4.
  • [F4]Includes shares represented by RSUs, of which 100 settled on April 1, 2024 and were then reduced by the 30 shares withheld for taxes as reported on this Form 4.

Issuer

Palladyne AI Corp.

CIK 0001826681

Entity typeother

Related Parties

1
  • filerCIK 0002014215

Filing Metadata

Form type
4
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 5:33 PM ET
Size
9.1 KB