Heinen Mark 4
4 · Volato Group, Inc. · Filed Jun 11, 2024
Insider Transaction Report
Form 4
Heinen Mark
Chief Financial Officer
Transactions
- Award
Common Stock
2024-06-07+139,463→ 147,963 total - Award
Performance-Based Restricted Stock Unit
2024-06-07+47,840→ 47,840 total→ Common Stock (47,840 underlying)
Footnotes (2)
- [F1]The shares represent Restricted Stock Units ("RSUs") granted on June 7, 2024. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. 123,038 RSU's shall vest 25% of the shares subject to 12 months of continuous employment on the vesting commencement date and 1/48th shall vest subject to continuous employment thereafter. 16,425 RSU's shall vest 25% of the shares subject to 12 months of continuous employment the vesting commencement date and 1/48th shall vest subject to continuous employment thereafter.
- [F2]Each Performance-Based RSU represents a contingent right to receive one share of SOAR common stock. The performance rights vest upon SOAR's common stock achieving a specified price per share.