SEC Form 4 · accession 0001213900-26-064754
APPLIED ENERGETICS, INC. · AERG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Wayne Donaghey
Officer — President & CEO · Director
Period of report
Jun 1, 2026
Accepted (ET)
Jun 3, 2026 · 4:31 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0000879911
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 per share | Jun 1, 2026 | S | 10,000 | $1.50 | D | 113,592 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock OptionsF1 | $0.78 | holding | — | — | — | — | — | Common Stock, par value $.001 per share | 1,000,000 | 1,000,000 | D |
| Non-Statutory Stock OptionsF2 | $0.35 | holding | — | — | — | — | Apr 29, 2029 | Common Stock, par value $.001 per share | 150,000 | 150,000 | D |
| Non-Statutory Stock OptionsF3 | $0.61 | holding | — | — | — | — | May 12, 2031 | Common Stock, par value $.001 per share | 200,000 | 200,000 | D |
| Incentive Stock OptionsF4 | $2.36 | holding | — | — | — | — | Jul 13, 2032 | Common Stock, par value $.001 per share | 1,000,000 | 1,000,000 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock, par value $.001 per share | 100,000 | 100,000 | D |
Explanation of responses
- F1The options vest upon the achievement of specified revenue milestones as follows: with respect to 170,000 Shares, upon achievement of gross revenues of $10 million; with respect to an additional 330,000 Shares, upon achievement of gross revenues of $25 million; and with respect to the remaining 500,000 Shares, upon achievement of gross revenues of $50 million. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan and expire ten years from the date of grant.
- F2These options vested in instalments of 37,500 shares on each of 9/29/2019, 4/29/2020, 9/29/2020 and 4/29/2021. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F3These options vested on May 12, 2022. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F4These options vest over four years, in equal annual instalments of 250,000 shares, commencing on July 12, 2023, having currently vested as to 750,000 shares. They were issued in exchange for services pursuant to an Incentive Stock Option Agreement under the 2018 Incentive Stock Plan.
- F5These RSUs vest in equal annual instalments of 100,000 shares, commencing on July 12, 2023 and have no expiration date or exercise price.