MCNULTY PATRICK 4

Accession 0001989241-23-000002

CIK 0001861622other

View on SEC.gov Company Profile

Filed

Aug 22, 8:00 PM ET

Accepted

Aug 23, 11:31 AM ET

Size

25.2 KB

Accession

0001989241-23-000002

Insider Transaction Report

Form 4

Period: 2023-08-10

Jet.AI Inc.JTAI

MCNULTY PATRICK

CHIEF OPERATING OFFICER

Transactions

Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+3,961→ 3,961 total
Exercise: $10.42From: 2023-08-10Exp: 2032-03-01→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (3,961 underlying)
Award
MERGER CONSIDERATION WARRANT (RIGHT TO BUY)
2023-08-10+6→ 6 total
Exercise: $15.00From: 2023-08-10Exp: 2033-08-10→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (6 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+12,378→ 12,378 total
Exercise: $10.42Exp: 2031-07-01→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (12,378 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+15,473→ 15,473 total
Exercise: $10.42From: 2023-08-10Exp: 2031-07-01→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (15,473 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+30,945→ 30,945 total
Exercise: $10.42Exp: 2032-01-05→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (30,945 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+15,473→ 15,473 total
Exercise: $10.42From: 2023-08-10Exp: 2032-09-30→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (15,473 underlying)
Award
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
2023-08-10+4→ 4 total
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+3,095→ 3,095 total
Exercise: $10.42From: 2023-08-10Exp: 2031-08-02→ COMMON STOCK PAR VALUE $0.0001 PER SHARE (3,095 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+30,945→ 30,945 total
Exercise: $10.42Exp: 2031-10-31→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (30,945 underlying)
Award
STOCK OPTION (RIGHT TO BUY)
2023-08-10+7,736→ 7,736 total
Exercise: $10.42From: 2023-08-10Exp: 2032-08-31→ COMMON STOCK, PAR VALUE $0.0001 PER SHARE (7,736 underlying)

Footnotes (4)

[F1]Received in connection with Oxbridge Acquisition Corp.'s business combination transaction with Jet Token Inc. in accordance with the terms of the Business Combination Agreement and Plan of Reorganization, dated February 24, 2023, as amended by Amendment No. 1 to the Business Combination Agreement, dated May 11, 2023, by and among Oxbridge Acquisition Corp., OXAC Merger Sub I, Inc., Summerlin Aviation LLC, and Jet Token Inc.
[F2]8,940 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service.
[F3]18,911 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service.
[F4]17,192 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the fifth day of each month, subject to the Reporting Person's continued service.

Documents

1 file

4
primary_doc.xmlPrimary
PRIMARY DOCUMENT

Issuer

Jet.AI Inc.

CIK 0001861622

→

Entity typeother

Related Parties

filerCIK 0001989241

Filing Metadata

Form type: 4
Filed: Aug 22, 8:00 PM ET
Accepted: Aug 23, 11:31 AM ET
Size: 25.2 KB

View on SEC.gov