Peter S. Shapiro - Jan 31, 2025 Form 4 Insider Report for Agrify Corp (AGFY)

Role
Director
Signature
/s/ Peter S. Shapiro
Stock symbol
AGFY
Transactions as of
Jan 31, 2025
Transactions value $
$0
Form type
4
Date filed
2/6/2025, 06:49 PM
SEC
View on sec.gov

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 AGFY Restricted Stock Unit Award $0 +1.25K $0.00 1.25K Jan 31, 2025 Common Stock 1.25K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under the Agrify Corporation 2022 Omnibus Equity Incentive Plan (the "Plan").
F2 Each restricted stock unit represents the right to receive, at settlement, one share of common stock of the issuer.
F3 100% of the restricted stock units will vest on the earlier of (i) the one year anniversary of the date of the grant of the restricted stock units and (ii) the next annual meeting of the stockholders of Agrify Corporation following the date of the grant of the restricted stock units, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant shares of common stock underlying the restricted stock units, and subject to the reporting person's continuous service to the issuer through such vesting date.