Kovler Benjamin 4
4 · Agrify Corp · Filed Nov 21, 2024
Insider Transaction Report
Form 4
Agrify CorpAGFY
Kovler Benjamin
DirectorInterim CEO
Transactions
- Award
Common Stock
2024-11-20+10,000→ 10,000 total - Award
Restricted Stock Unit
2024-11-19+50,000→ 50,000 total→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Grant of restricted stock units under the Agrify Corporation 2022 Omnibus Equity Incentive Plan (the "Plan").
- [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 units will vest on November 19, 2025, subject to obtaining shareholder approval for an increase in shares available under the Plan sufficient to grant shares of common stock underlying the restricted stock units, and subject to the reporting person's continuous service to the issuer through such vesting date.
- [F4]The reported securities were purchased by the Reporting Person for a purchase price of $38.76 per share of common stock in connection with the Issuer's private placement that closed on November 21, 2024, which purchase price was determined in accordance with applicable Nasdaq listing rules.