Luis Dussan - May 1, 2023 Form 4 Insider Report for AEye, Inc. (LIDR)

Role
CTO and Chief Prdct Strategist, Director, 10%+ Owner
Signature
Andrew S. Hughes, by power of attorney previously filed
Stock symbol
LIDR
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 05:09 PM
Previous filing
Feb 16, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LIDR Common Stock Award $0 +750K +175.15% $0.00 1.18M May 1, 2023 Direct F1
holding LIDR Common Stock 17.2M May 1, 2023 Luis Dussan Trust A U/A/D 5/18/2022 F2
holding LIDR Common Stock 1.08M May 1, 2023 Jennifer Dussan Trust A U/A/D 5/18/2022 F3
holding LIDR Common Stock 372K May 1, 2023 Luis Carlos Dussan Family Trust dated January 20, 2021 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units which convert into common stock on a one-for-one basis at vesting. The Reporting Person received a restricted stock unit award which vests as to 1/12th of the total shares on the 15th day of the second month of each calendar quarter for a period of 12 calendar quarters beginning on May 15, 2023.
F2 The Luis Dussan Trust A U/A/D 5/18/2022 is affiliated with the Reporting Person, and the shares held by the Trust are beneficially owned by the Reporting Person, who is the Trustee.
F3 The Jennifer Dussan Trust A U/A/D 5/18/2022 is affiliated with the Reporting Person, and the shares held by the Trust are beneficially owned by the spouse of the Reporting Person, and the Reporting Person is the Trustee.
F4 The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.