4//SEC Filing
Hack Bruce L. 4
Accession 0000950170-24-042404
CIK 0001936224other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 9:38 PM ET
Size
14.7 KB
Accession
0000950170-24-042404
Insider Transaction Report
Form 4
Hack Bruce L.
Director
Transactions
- Award
Common Stock
2024-04-03+91,353→ 104,762 total - Award
Stock Option (Right to Buy)
2024-04-03+25,000→ 25,000 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (25,000 underlying) - Award
Stock Option (Right to Buy)
2024-04-03+25,000→ 25,000 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (25,000 underlying) - Award
Stock Option (Right to Buy)
2024-04-03+25,000→ 25,000 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (25,000 underlying) - Award
Stock Option (Right to Buy)
2024-04-03+25,000→ 25,000 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (25,000 underlying)
Footnotes (5)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest in full on July 27, 2024, subject to the Reporting Person's continued service to the Issuer.
- [F2]This option represents the right to purchase 25,000 shares of the Issuer's common stock, which vested immediately upon grant.
- [F3]This option represents the right to purchase 25,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the first anniversary of the grant date 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 the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F4]This option represents the right to purchase 25,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the second anniversary of the grant date and (y) the last trading day where the sale 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 the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F5]This option represents the right to purchase 25,000 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the third anniversary of the grant date and (y) the last trading day where the sale 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 the grant date, 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 0001439316
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 9:38 PM ET
- Size
- 14.7 KB