4//SEC Filing
Reeves Oliver 4
Accession 0000950170-24-003744
CIK 0001936224other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 8:46 PM ET
Size
12.3 KB
Accession
0000950170-24-003744
Insider Transaction Report
Form 4
Reeves Oliver
Chief Financial Officer
Transactions
- Award
Common Stock
2024-01-08+50,000→ 50,000 total - Award
Stock Option (Right to Buy)
2024-01-08+600,000→ 600,000 totalExercise: $1.32Exp: 2034-01-08→ Common Stock (600,000 underlying) - Award
Stock Option (Right to Buy)
2024-01-08+600,000→ 600,000 totalExercise: $1.32Exp: 2034-01-08→ Common Stock (600,000 underlying) - Award
Stock Option (Right to Buy)
2024-01-08+600,000→ 600,000 totalExercise: $1.32Exp: 2034-01-08→ Common Stock (600,000 underlying)
Footnotes (4)
- [F1]Consists of 50,000 restricted stock units, which are fully vested.
- [F2]This option represents the right to purchase 600,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) January 1, 2025 and (y) the last trading day where the sale price of the Issuer's common stock equals or exceeds $3.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following January 1, 2024, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F3]This option represents the right to purchase 600,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) January 1, 2026 and (y) the last trading day where the sales price of the Issuer's common stock equals or exceeds $5.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following January 1, 2024, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F4]This option represents the right to purchase 600,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) January 1, 2027 and (y) the last trading day where the sales price of the Issuer's common stock equals or exceeds $7.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following January 1, 2024, subject to the Reporting Person's continued service to the Issuer on such vesting date.
Documents
Issuer
SURF AIR MOBILITY INC.
CIK 0001936224
Entity typeother
Related Parties
1- filerCIK 0002007798
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 8:46 PM ET
- Size
- 12.3 KB