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AgEagle Aerial Systems Inc. — Director's Dealing 2020
Oct 3, 2020
34467_dirs_2020-10-02_2e90c9c5-c764-4bc6-9971-3f80f98f319f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: AgEagle Aerial Systems Inc. (UAVS)
CIK: 0000008504
Period of Report: 2020-09-30
Reporting Person: Mooney Barrett (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-30 | Common Stock, par value $0.001 | M | 20000 | $0.62 | Acquired | 120000 | Direct |
| 2020-09-30 | Common Stock, par value $0.001 | S | 20000 | $2.22 | Disposed | 100000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-30 | Options to purchase common stock, par value $0.001 per share | $0.62 | M | 20000 | Disposed | 2025-12-30 | Common Stock (20000) | Direct |
Footnotes
F1: The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2020.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 12, 2020.
F3: Reflects vested restricted stock units. The restricted stock units were performance based awards granted under the Company's 2019 Bonus Plan.
F4: The options became exercisable and vested in equal installments over a two-year period.
F5: The options were issued as incentive compensation for services under the Company's Omnibus Equity Incentive Plan.