13D Filings
Palladyne AI Corp.
PDYN
Amendment
Ownership

3.65%

Total Shares

1,100,000

Issuer CIK

1826681

CUSIP

80359A205

Event Date

Dec 26, 2024

Accepted

Dec 31, 2024, 05:30 PM

Reporting Persons (1)
NameType% of ClassAggregateSole VotingShared Voting
Marc Olivier
Individual
3.65%1,100,0001,100,0001,100,000
Disclosure Items (2)

Security Title

Common Stock, par value $0.0001 per share

Issuer Name

Palladyne AI Corp.

Issuer Address

650 South 500 West, Salt Lake City, UT, 84101

Percentage of Class

As of the date of this Amendment No.3, Mr. Olivier beneficially owns an aggregate of 1,100,000 shares of Common Stock, or 3.65%, of the Issuer's outstanding shares of Common Stock. Mr. Olivier has sole voting and dispositive power over the 1,100,000 shares of Common Stock. The beneficial ownership percentages used in this Schedule are calculated based on the 30,112,399 shares of Common Stock of the Issuer outstanding as of November 6, 2024.

Number of Shares

As of the date of this Amendment No.3, Mr. Olivier beneficially owns an aggregate of 1,100,000 shares of Common Stock, or 3.65%, of the Issuer's outstanding shares of Common Stock. Mr. Olivier has sole voting and dispositive power over the 1,100,000 shares of Common Stock. The beneficial ownership percentages used in this Schedule are calculated based on the 30,112,399 shares of Common Stock of the Issuer outstanding as of November 6, 2024.

Transactions

Except as described in this Item 5(c), Mr. Olivier has not effected any transactions in the Common Stock during the past 60 days. Since Amendment No. 2 was filed on December 23, 2024, Mr. Olivier has effected the following open market sales of Common Stock during the past 60 days: Transaction Date, Shares Sold, Weighted Average Trading Price Per Share 12/26/2024, 160,000, $7.40 12/27/2024, 310,109, $11.92 12/30/2024, 173,723, $12.42