CABILLOT RAYMOND E 4
4 · AIR T INC · Filed Aug 14, 2025
Insider Transaction Report
Form 4
AIR T INCAIRT
CABILLOT RAYMOND E
Director
Transactions
- Award
Stock options
2025-08-11+500→ 500 totalExercise: $30.00From: 2026-08-06Exp: 2045-08-06→ Common Stock (500 underlying) - Award
Stock options
2025-08-11+500→ 500 totalExercise: $50.00From: 2026-08-06Exp: 2045-08-06→ Common Stock (500 underlying)
Holdings
- 7,500
Common Stock
- 55,793(indirect: By FS Special Opportunities I, LP)
Common Stock
- 13,146(indirect: By LLC)
Common Stock
- 394,090(indirect: By Farnam Street Partners, L.P.)
Common Stock
Footnotes (1)
- [F1]Cumulative amount does not include presently unexerciseable options granted in December 2020. Whether any of the unexerciseable options vest, and the amount that does vest, is tied to various price tranches (six per year) corresponding to future testing dates (June 30 of each year) and the achievement of our Common Stock trading at or above the exercise price for each applicable price tranche. In the event that the market price of our common stock does not reach or exceed the exercise price during the 60 days immediately preceding the applicable price tranche, 100% of the applicable options associated with that price tranche expire immediately. After expirations due to failures to reach the prior stated exercise prices, total amount currently outstanding is 1,500. For further details, see the Company's proxy statement filed July 3, 2025.