Benjamin G. Wolff - 31 Oct 2024 Form 4/A - Amendment Insider Report for Palladyne AI Corp. (PDYN)

Role
PRESIDENT & CEO, Director
Signature
/s/ Stephen Sonne, attorney-in-fact on behalf of Benjamin G. Wolff
Issuer symbol
PDYN
Transactions as of
31 Oct 2024
Net transactions value
+$249,998
Form type
4/A - Amendment
Filing time
05 Nov 2024, 17:22:52 UTC
Date Of Original Report
04 Nov 2024
Previous filing
24 Jun 2024
Next filing
07 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDYN Common Stock Award $236,557 +107,526 $2.20 107,526 31 Oct 2024 See footnote F1, F2
holding PDYN Common Stock 1,306,203 31 Oct 2024 Direct
holding PDYN Common Stock 904 31 Oct 2024 By Spouse
holding PDYN Common Stock 383,119 31 Oct 2024 See footnote 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 PDYN Warrants (right to buy) Award $13,441 +107,526 $0.1250 107,526 31 Oct 2024 Common Stock 107,526 $2.30 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition reflected in the original Form 4 filed on November 4, 2024 ("Original Form 4") was an exempt transaction under Rule 16b-3. This amendment is being filed solely to amend the Original Form 4 to reflect the correct transaction code "A".
F2 Represents shares held by MLC Solo 401k Trust FOB Benjamin Wolff ("401k Trust"). Mr. Wolff and his spouse Julie Wolff are the trustees of the 401k Trust and share voting and dispositive power over equity held by the trust. Mr. Wolff is the sole beneficiary of the 401k Trust.
F3 Represents shares held by Mare's Leg Capital, LLC ("MLC"). MLC is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff.