April 4, 2024 · Form 4 insider transaction
Alber Michael J. bought 250,000 shares of Applied Energetics, Inc., a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 4 days after the transaction.
Options were issued in exchange for services rendered as a director of the company.; Options vest annually over a period of three years in the amount of 100,000 shares on the first anniversary and 75,000 shares on each of the second and third anniversaries.; Options expire on the tenth anniversary of the date of grant.