Gray Christopher 4
4 · PodcastOne, Inc. · Filed Mar 1, 2024
Insider Transaction Report
Form 4
PodcastOne, Inc.PODC
Gray Christopher
President
Transactions
- Other
Common Stock, $0.00001 par value
2024-02-26$1.90/sh−6,764$12,859→ 176,718 total - Exercise/Conversion
Common Stock, $0.00001 par value
2024-02-23+162,500→ 185,525 total - Other
Common Stock, $0.00001 par value
2024-02-23$1.83/sh−2,043$3,745→ 183,482 total - Other
Common Stock, $0.00001 par value
2024-02-27$1.72/sh−27,222$46,923→ 149,496 total - Other
Common Stock, $0.00001 par value
2024-02-28$1.62/sh−4,241$6,853→ 145,255 total - Exercise/Conversion
Restricted Stock Units
2024-02-13−162,500→ 162,500 total→ Common Stock, $0.00001 par value (162,500 underlying)
Footnotes (4)
- [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 325,000 RSUs granted to the Reporting Person pursuant to the Employment Agreement, dated as of August 28, 2023 (the "EA"), 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.
- [F4]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.