Form 4 for SRFM SURF AIR MOBILITY INC.
Accepted 2024-01-10 00:00:00 ET · period of report 2024-01-08 · accession 0000950170-24-003744 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-10 | 2024-01-08 | SRFM | Reeves Oliver | CFO | A - Grant | $0.00 | +50.0K | 50.0K | New | $0 |
| DM | 2024-01-10 | 2024-01-08 | SRFM | Reeves Oliver | CFO | A - Grant | $0.00 | +1.80M | 600.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-01-08 | A | A | 50,000 | $0.00 | 50,000 | D | — | — | (F1) Consists of 50,000 restricted stock units, which are fully vested. |
| 2 | Derivative | Stock Option (Right to Buy) | 2024-01-08 | A | A | 600,000 | $0.00 | 600,000 | D | $1.32 · — to 2034-01-08 | 600,000 Common Stock | (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. |
| 3 | Derivative | Stock Option (Right to Buy) | 2024-01-08 | A | A | 600,000 | $0.00 | 600,000 | D | $1.32 · — to 2034-01-08 | 600,000 Common Stock | (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. |
| 4 | Derivative | Stock Option (Right to Buy) | 2024-01-08 | A | A | 600,000 | $0.00 | 600,000 | D | $1.32 · — to 2034-01-08 | 600,000 Common Stock | (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. |