Christopher Donaghey - 13 Jul 2024 Form 4 Insider Report for APPLIED ENERGETICS, INC. (AERG)

Role
CFO/COO
Signature
/s/ Christopher Donaghey
Issuer symbol
AERG
Transactions as of
13 Jul 2024
Transactions value $
$0
Form type
4
Filing time
30 Aug 2024, 16:47:50 UTC
Previous filing
05 Jun 2024
Next filing
05 Dec 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 +101% 198,559 13 Jul 2024 Direct F1
transaction AERG Common Stock, par value $0.001 per share Tax liability -37,532 -19% 161,027 13 Jul 2024 Direct F1

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 -33% 200,000 13 Jul 2024 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 37,532 to cover tax withholding.
F2 RSUs vest automatically in the amount of 100,000 shares on each anniversary date, without execution or any need for exercise, and have no expiration date. They were issued in exchange for services pursuant to an RSU Agreement.

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.