Palladyne AI Corp.
4.40%
1,325,845
1826681
80359A205
Dec 25, 2024
Dec 31, 2024, 05:30 PM
Reporting Persons (1)
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Dr. Fraser Smith | Individual | 4.40% | 1,325,845 | 1,325,845 | 1,325,845 |
Disclosure Items (2)
Common Stock, par value $0.0001 per share
Palladyne AI Corp.
650 South 500 West, Salt Lake City, UT, 84101
As of the date of this Amendment No.2, Dr. Smith beneficially owns an aggregate of 1,325,845 shares of Common Stock, or 4.40%, of the Issuer's outstanding shares of Common Stock, consisting of: * 1,315,503 shares of Common Stock; and * 10,342 shares of Common Stock underlying options exercisable within 60 days of December 30, 2024. Dr. Smith has sole voting and dispositive power over the 1,325,845 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.
As of the date of this Amendment No.2, Dr. Smith beneficially owns an aggregate of 1,325,845 shares of Common Stock, or 4.40%, of the Issuer's outstanding shares of Common Stock, consisting of: * 1,315,503 shares of Common Stock; and * 10,342 shares of Common Stock underlying options exercisable within 60 days of December 30, 2024. Dr. Smith has sole voting and dispositive power over the 1,325,845 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.
Except as described in this Item 5(c), Dr. Smith has not effected any transactions in the Common Stock during the past 60 days. Since Amendment No. 1 was filed on December 23, 2024, Dr. Smith 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, 300,000, $7.3