Chang Raymond Nobu 4
4 · Agrify Corp · Filed Apr 26, 2024
Insider Transaction Report
Form 4
Agrify CorpAGFY
Chang Raymond Nobu
Other
Transactions
- Award
Restricted Stock Unit
2024-04-24+119,623→ 119,623 total→ Common Stock (119,623 underlying) - Award
Restricted Stock Unit
2024-04-24+32,766→ 32,766 total(indirect: By Raymond Chang Jr.)→ Common Stock (32,766 underlying)
Footnotes (3)
- [F1]Grant of restricted stock units under the Agrify Corporation 2022 Omnibus Equity Incentive Plan (the "Plan"). The restricted stock units were granted in lieu of cash compensation that would otherwise be owed to the reporting person.
- [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 unit will vest on April 24, 2025, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant the units, and subject to the reporting person's continuous service through such vesting date.