Sue McNamara - 13 Feb 2024 Form 4 Insider Report for PodcastOne, Inc. (PODC)

Role
Chief Revenue Officer
Signature
/s/ Sue McNamara
Issuer symbol
PODC
Transactions as of
13 Feb 2024
Net transactions value
-$48,396
Form type
4
Filing time
01 Mar 2024, 21:00:06 UTC
Previous filing
07 Feb 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PODC Common Stock, $0.00001 par value Options Exercise +62,500 +3276% 64,408 23 Feb 2024 Direct F1
transaction PODC Common Stock, $0.00001 par value Other $1,474 -804 -1.2% $1.83 63,604 23 Feb 2024 Direct F3
transaction PODC Common Stock, $0.00001 par value Other $5,055 -2,659 -4.2% $1.90 60,945 26 Feb 2024 Direct F3
transaction PODC Common Stock, $0.00001 par value Other $18,435 -10,695 -18% $1.72 50,250 27 Feb 2024 Direct F3
transaction PODC Common Stock, $0.00001 par value Other $23,432 -14,500 -29% $1.62 35,750 28 Feb 2024 Direct F3

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 PODC Restricted Stock Units Options Exercise $0 -62,500 -50% $0.000000 62,500 13 Feb 2024 Common Stock, $0.00001 par value 62,500 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units convert into Common Stock on a one-for-one basis.
F2 Represents vested Restricted Stock Units (the "RSUs") that were settled on the reported date out of the original 125,000 RSUs granted to the Reporting Person pursuant to the Employment Agreement, dated as of August 9, 2023 (the "EA"), entered into between the Reporting Person and the Issuer. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.
F3 On the reported date these shares were sold by Issuer's broker into the open market solely to satisfy the Reporting Person's required tax withholding in connection with the settlement of the RSUs reported herein.