Christopher Donaghey - 13 Jul 2023 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role: CFO/COO
Signature: /s/Christopher Donaghey
Issuer symbol: AERG
Transactions as of: 13 Jul 2023
Transactions value $: -$220,190
Form type: 4
Filing time: 08 Sep 2023, 16:24:44 UTC
Previous filing: 04 Nov 2022
Next filing: 05 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AERG	Common Stock, par value $0.001 per share	Options Exercise		+100,000	+57.29%		274,554	13 Jul 2023	Direct	F1
transaction	AERG	Common Stock, par value $0.001 per share	Tax liability		-40,995	-14.93%		233,559	13 Jul 2023	Direct	F1
transaction	AERG	Common Stock, par value $0.001 per share	Sale	-$220,190	-100,000	-42.82%	$2.2	133,559	08 Sep 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AERG	Restricted Stock Unit	Options Exercise		-100,000	-25%		300,000	13 Jul 2023	Common Stock, par value $.001 per share	100,000		Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists of vesting of .RSUs in the amount of 100,000 shares with no exercise price and forfeiture of 40,995 to cover tax withholding.
F2	Consists of vesting of RSUs with no exercise price. These RSUs vest in the amount of 100,000 shares on each anniversary date and have no set expiration.

Remarks:

Mr. Donaghey also holds options to purchase 1,350,000 shares of common stock as previously reported on Form 3, none of which were affected by the transactions reported herein.