4//SEC Filing
WEGEL EDWARD J 4
Accession 0000899243-23-009134
CIK 0001846084other
Filed
Mar 19, 8:00 PM ET
Accepted
Mar 20, 6:28 PM ET
Size
13.5 KB
Accession
0000899243-23-009134
Insider Transaction Report
Form 4
WEGEL EDWARD J
DirectorChief Executive Officer10% Owner
Transactions
- Award
Common Stock
2023-03-13$1.01/sh+3,500$3,526→ 3,500 total - Award
Common Stock
2023-03-20$1.06/sh+12,500$13,256→ 12,500 total
Holdings
- 5,321,910
Common Stock
- 107,344
Options to Purchase Common Stock
Exercise: $0.25From: 2023-03-16Exp: 2025-06-23→ Common Stock (107,344 underlying) - 508,750(indirect: By Spouse)
Common Stock
- 0
Restricted Stock Units
Exp: 2025-12-08→ Common Stock (262,500 underlying) - 11,900
Class B Non-Voting Common Stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.0039 to $1.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.05 to $1.0644, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F3]All of the options are currently vested and exercisable.
- [F4]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 16, 2023. Shares of common stock subject to this award are subject to service-based vesting conditions and vest in equal annual installments on each of March 16, 2024, March 16, 2025 and March 16, 2026, subject to continued service through such vesting date.
- [F5]Vest as follows: 250,000 of such RSUs vest on June 23, 2023 and the remainder will vest on November 23, 2023.
Documents
Issuer
Global Crossing Airlines Group Inc.
CIK 0001846084
Entity typeother
Related Parties
1- filerCIK 0001415431
Filing Metadata
- Form type
- 4
- Filed
- Mar 19, 8:00 PM ET
- Accepted
- Mar 20, 6:28 PM ET
- Size
- 13.5 KB