Sue McNamara - Feb 21, 2025 Form 4 Insider Report for PodcastOne, Inc. (PODC)

Signature
/s/ Sue McNamara
Stock symbol
PODC
Transactions as of
Feb 21, 2025
Transactions value $
-$57,770
Form type
4
Date filed
2/25/2025, 08:23 PM
Previous filing
Mar 1, 2024

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 +62.5K +174.83% 98.3K Feb 21, 2025 Direct F1
transaction PODC Common Stock, $0.00001 par value Other -$57.8K -30.6K -31.09% $1.89 67.7K Feb 24, 2025 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 -62.5K -100% $0.00 0 Feb 21, 2025 Common Stock, $0.00001 par value 62.5K 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, 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. The sale price represents a weighted average price as multiple executions were involved in completing the sale transaction. Additional detail regarding the individual execution prices is available upon request.