Bradford T. Adamczyk - 16 Jan 2024 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role
Executive Chairman, Director
Signature
/s/ Bradford T. Adamczyk
Issuer symbol
AERG
Transactions as of
16 Jan 2024
Net transactions value
-$18,995
Form type
4
Filing time
18 Jan 2024, 16:20:34 UTC
Previous filing
19 Dec 2023
Next filing
20 Feb 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 $273 +3,900 +0.58% $0.0700* 675,382 16 Jan 2024 Direct
transaction AERG Common Stock, par value $0.001 per share Sale $7,800 -3,900 -0.58% $2.00 671,482 16 Jan 2024 Direct F1
transaction AERG Common Stock, par value $0.001 per share Options Exercise $427 +6,100 +0.91% $0.0700* 677,582 17 Jan 2024 Direct
transaction AERG Common Stock, par value $0.001 per share Sale $11,895 -6,100 -0.9% $1.95 671,482 17 Jan 2024 Direct F1
holding AERG Common Stock, par value $0.001 per share 1,563,599 16 Jan 2024 See Footnote F2

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 Non-Qualified Stock Options Options Exercise -3,900 -0.27% 1,456,100 16 Jan 2024 Common Stock, par value $.001 per share 3,900 $0.0700 Direct F3
transaction AERG Non-Qualified Stock Options Options Exercise -6,100 -0.42% 1,450,000 17 Jan 2024 Common Stock, par value $.001 per share 6,100 $0.0700 Direct F3
holding AERG Non-Qualified Stock Options 3,500,000 16 Jan 2024 Common Stock, par value $.001 per share $0.0700 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Such shares were sold pursuant to a 10b-5 Plan which was adopted by Mr. Adamczyk on June 15, 2023.
F2 Held by Moriah Stone Global L.P. of which Mr. Adamczyk is controlling partner.
F3 Options were issued in exchange for services rendered as an officer and director of the company.
F4 3,500,000 of Mr. Adamczyk's options are held in the name of Adamczyk Family 2021 LLC, a family limited liability company which he controls. None of these options were exercised.