REESE STANLEY ARTHUR 4
4 · WAVEDANCER, INC. · Filed Jul 19, 2022
Insider Transaction Report
Form 4
WAVEDANCER, INC.WAVD
REESE STANLEY ARTHUR
Chief Operating Officer
Transactions
- Exercise of In-Money
Common Stock
2022-07-15$0.35/sh+100,000$35,000→ 142,565 total - Exercise of In-Money
Options (Right-to-Buy)
2022-07-15−100,000→ 410,000 totalExercise: $0.35Exp: 2022-07-17→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2022-07-15$1.15/sh−30,435$35,000→ 142,565 total
Footnotes (3)
- [F1]Per Instruction 4.(c)(iii), since the transaction is the exercise of a derivative security, coulumn 8 is left blank and the exercise price is reported in column 2.
- [F2]Optons for 50,000 shares became exercisable on January 17, 2018, and options for 50,000 shares became exercisable on July 17, 2018.
- [F3]Exercise of options for 100,000 shares at an exercise price of $0.35 per share. Proceeds for the exercise paid by tendering 30,435 shares of WAVD common stock to the Company at the July 15, 2022 closing price of $1.15 per share in accordance with the 2016 Stock Incentive Plan under which the options were issued.