4//SEC Filing
WEGEL EDWARD J 4
Accession 0000899243-23-015887
CIK 0001846084other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 9:19 PM ET
Size
12.1 KB
Accession
0000899243-23-015887
Insider Transaction Report
Form 4
WEGEL EDWARD J
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2023-06-13+125,000→ 5,433,910 total - Disposition to Issuer
Common Stock
2023-06-13$0.98/sh−18,750$18,375→ 5,415,160 total
Holdings
- 11,900
Class B Non-Voting Common Stock
- 508,750(indirect: By Spouse)
Common Stock
- 107,344
Options to Purchase Common Stock
Exercise: $0.25From: 2023-03-16Exp: 2025-06-23→ Common Stock (107,344 underlying) - 0
Restricted Stock Units
Exp: 2025-12-08→ Common Stock (262,500 underlying) - 0
Restricted Stock Units
Exp: 2025-12-08→ Common Stock (325,000 underlying)
Footnotes (4)
- [F1]This relates solely to the settlement of previously granted restricted stock units ("RSUs") upon vesting. RSUs convert into common stock on a one-for-one basis.
- [F2]All of the options are currently vested and exercisable.
- [F3]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.
- [F4]These RSUs 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
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 9:19 PM ET
- Size
- 12.1 KB