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Finn Brian D's Form 4/A amendment

Amended

Palladyne AI Corp. (PDYN) · filed Dec 18, 2023

Accession no.
0001209191-23-059003
Filed
Dec 18, 2023
Trade date
Dec 12-13, 2023
Filing delay
6 days
Rule 10b5-1 plan
Not checked
Original filed
Dec 14, 2023

This filing lists 2 non-derivative transactions. Open-market purchases total $30.5K. It was filed 6 days after the trade.

This amendment replaces 0001209191-23-058681 (filed Dec 14, 2023).

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Finn Brian DCIK 0001124195Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Dec 12, 2023Common StockPPurchaseAcquired+20,000$0.61F1+$12,20036,666Indirect
Dec 13, 2023Common StockPPurchaseAcquired+30,000$0.61F4+$18,30066,666Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $0.5827 to $0.64, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.

Referenced by the price of 1 transaction in Table I.

F2

This Form 4/A amends the Form 4 originally filed on December 14, 2023 solely to correct the amount reported in Table I, Column 5. Due to an administrative error, the amount reported on the original Form 4 was not adjusted to reflect the issuer's 1-for-6 reverse stock split completed on July 5, 2023 ("Reverse Stock Split"). The reported number of shares has been adjusted to reflect the impact of the Reverse Stock Split.

F3

Securities are held by MI-CM LLC ("MI-CM"). Mr. Finn is the administrator of MI-CM. As administrator, Mr. Finn has sole voting and dispositive power over the shares of issuer common stock held by MI-CM. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.

F4

The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares purchased. These shares were purchased in multiple transactions at prices ranging from $0.5938 to $0.62, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.

Referenced by the price of 1 transaction in Table I.

F5

Securities are held by MI-MJ LLC ("MI-MJ"). Mr. Finn is the administrator of MI-MJ. As administrator, Mr. Finn has sole voting and dispositive power over the shares of issuer common stock held by MI-MJ. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.

F6

Securities are held by Marstar Investments LLC ("Marstar"). Mr. Finn is the administrator of Marstar and has sole voting and dispositive power over the shares of issuer common stock held by Marstar. Mr. Finn disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.

Read the full filing on SEC EDGAR (opens in a new tab)