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

Role
CFO/COO
Signature
/s/Christopher Donaghey
Stock symbol
AERG
Transactions as of
Jul 13, 2023
Transactions value $
-$220,190
Form type
4
Date filed
9/8/2023, 04:24 PM
Previous filing
Nov 4, 2022
Next filing
Jun 5, 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 +100K +57.29% 275K Jul 13, 2023 Direct F1
transaction AERG Common Stock, par value $0.001 per share Tax liability -41K -14.93% 234K Jul 13, 2023 Direct F1
transaction AERG Common Stock, par value $0.001 per share Sale -$220K -100K -42.82% $2.20 134K Sep 8, 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 -100K -25% 300K Jul 13, 2023 Common Stock, par value $.001 per share 100K 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.