4//SEC Filing
Gray Christopher 4
Accession 0001213900-25-016755
CIK 0001940177other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 8:50 PM ET
Size
16.4 KB
Accession
0001213900-25-016755
Insider Transaction Report
Form 4
PodcastOne, Inc.PODC
Gray Christopher
President
Transactions
- Exercise/Conversion
Common Stock, $0.00001 par value
2025-02-19+40,625→ 277,046 total - Exercise/Conversion
Common Stock, $0.00001 par value
2025-02-19+25,000→ 302,046 total - Exercise/Conversion
Restricted Stock Units
2025-02-19−40,625→ 0 total→ Common Stock, $0.00001 par value (40,625 underlying) - Other
Common Stock, $0.00001 par value
2025-02-19$1.90/sh−20,500$39,032→ 281,546 total - Award
Restricted Stock Units
2025-01-16+50,000→ 50,000 total→ Common Stock, $0.00001 par value (50,000 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-19−25,000→ 25,000 total→ Common Stock, $0.00001 par value (25,000 underlying)
Footnotes (5)
- [F1]Restricted Stock Units convert into Common Stock on a one-for-one basis.
- [F2]The Restricted Stock Units (the "RSUs") were granted to the Reporting Person on January 16, 2025 (the "Grant Date"). Half of the RSUs vested on the Grant Date, and the remaining shares shall vest on the first anniversary of the Grant Date (the "Vesting Date"), subject to the Reporting Person's continued employment through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Issuer's board of directors, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan the form of payout of the RSUs (cash and/or stock).
- [F3]Represents vested RSUs that were settled on the reported date out of the original 50,000 RSUs granted to the Reporting Person. Each vested RSU was settled by the Issuer by delivery to the Reporting Person of one share of Issuer's common stock.
- [F4]Represents vested 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.
- [F5]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. 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.
Documents
Issuer
PodcastOne, Inc.
CIK 0001940177
Entity typeother
Related Parties
1- filerCIK 0002010808
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 8:50 PM ET
- Size
- 16.4 KB