Raymond Nobu Chang - 13 May 2022 Form 4 Insider Report for Agrify Corp (AGFY)

Role
CEO and Chairman, Director
Signature
/s/ Josh Savitz, attorney-in-fact
Issuer symbol
AGFY
Transactions as of
13 May 2022
Net transactions value
+$117,084
Form type
4
Filing time
17 May 2022, 21:02:00 UTC
Previous filing
04 Feb 2022
Next filing
23 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AGFY Common Stock Purchase $26,100 +10,000 $2.61 10,000 16 May 2022 Direct F1
transaction AGFY Common Stock Purchase $90,984 +34,600 +6.9% $2.63 538,454 13 May 2022 By RTC3 2020 Irrevocable Family Trust F2, F3
holding AGFY Common Stock 129,548 13 May 2022 By NXT3J Capital, LLC F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price represents the weighted average purchase price of the shares acquired ranging from $2.60 to $2.62 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 Price represents the weighted average purchase price of the shares acquired ranging from $2.35 to $2.77 per share. Upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, the reporting person will provide full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 Held by RTC3 2020 Irrevocable Family Trust, of which Mr. Chang retains the authority to remove the independent trustee. Mr. Chang disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F4 NXT3J Capital, LLC is an entity controlled by the reporting person, and the reported securities may be deemed to be indirectly beneficially owned by the reporting person. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that such person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.