Cooper Nicholas James 4
4 · Volato Group, Inc. · Filed Jun 11, 2024
Insider Transaction Report
Form 4
Cooper Nicholas James
Director10% Owner
Transactions
- Award
Common Stock
2024-06-07+346,412→ 3,812,565 total - Award
Performance-Based Restricted Stock Unit
2024-06-07+22,560→ 22,560 total→ Common Stock (22,560 underlying)
Footnotes (3)
- [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. The RSU 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.
- [F2]Mr. Cooper beneficially owns 3,466,153 shares of Common Stock held by Hoop Capital LLC in which Mr. Cooper holds sole voting and investment power.
- [F3]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.