Home/Filings/4/0000899243-23-020656
4//SEC Filing

WEGEL EDWARD J 4

Accession 0000899243-23-020656

CIK 0001846084other

Filed

Dec 17, 7:00 PM ET

Accepted

Dec 18, 3:09 PM ET

Size

12.2 KB

Accession

0000899243-23-020656

Insider Transaction Report

Form 4
Period: 2023-11-08
WEGEL EDWARD J
DirectorChief Executive Officer10% Owner
Transactions
  • Disposition to Issuer

    Common Stock

    2023-11-08$0.66/sh4,134$2,7285,423,526 total
  • Exercise/Conversion

    Common Stock

    2023-11-08+12,5005,427,660 total
Holdings
  • Restricted Stock Units

    Exp: 2025-12-08Common Stock (250,000 underlying)
    0
  • Class B Non-Voting Common Stock

    11,900
  • Options to Purchase Common Stock

    Exercise: $0.25From: 2023-03-16Exp: 2025-06-23Common Stock (107,344 underlying)
    107,344
  • Restricted Stock Units

    Exp: 2025-12-08Common Stock (325,000 underlying)
    0
  • Common Stock

    (indirect: By Spouse)
    508,750
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.

Issuer

Global Crossing Airlines Group Inc.

CIK 0001846084

Entity typeother

Related Parties

1
  • filerCIK 0001415431

Filing Metadata

Form type
4
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 3:09 PM ET
Size
12.2 KB