Palladyne AI director granted 15,083 RSUs
Olson Eric T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Olson Eric T reported acquisition or exercise transactions in this Form 4 filing.
Palladyne AI Corp. director Eric T. Olson received an equity award in the form of restricted stock units. The Form 4 reports a grant of 15,083 shares of Common Stock at a price of $0.00 per share as a compensation-related award, not an open-market purchase.
Following this grant, Olson holds 74,079 shares of Common Stock directly. The 15,083 restricted stock units each represent the right to receive one share of Palladyne AI common stock and will vest on the earlier of the first anniversary of the grant date or the day prior to the next annual meeting of stockholders, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,083 | $0.00 | $0.00 |
Footnotes (1)
- F1. Includes 15,083 restricted stock units ("RSUs"), each RSU representing the right to receive one share of common stock of the Issuer. The RSUs will vest on the earlier of (i) the first anniversary of the date the award is granted or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders following the date the award was granted, in each case, subject to the Reporting Person continuing to be a Service Provider through the applicable vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Service Provider financial
annual meeting of the Issuer's stockholders financial
FAQ
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What insider transaction did Palladyne AI Corp. (PDYN) report for Eric T. Olson?
What are the vesting terms for Eric T. Olson’s 15,083 RSUs at Palladyne AI Corp. (PDYN)?
Was Eric T. Olson’s Palladyne AI (PDYN) equity award an open-market purchase?
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