Form 4 for XTIA XTI Aerospace, Inc.
Accepted 2024-03-14 00:00:00 ET · period of report 2024-03-12 · accession 0001213900-24-022758 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-14 | 2024-03-12 | XTIA | BRODY DAVID E | Dir, 10% | A - Grant | — | +266.3K | 266.3K | New | — | |
| MI | 2024-03-14 | 2024-03-12 | XTIA | BRODY DAVID E | Dir, 10% | A - Grant | — | +2.23M | 1.34M | New | — |
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 | 2024-03-12 | A | A | 266,304 | — | 266,304 | D By Jason S. Brody 2019 Trust | — | — | (F1) Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Inpixon, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of legacy XTI common stock was converted into the right to receive 0.0892598 shares of Parent's common stock. At the Effective Time, Parent changed its name to XTI Aerospace, Inc. (F2) These shares are held in a trust for the benefit of the reporting person's child. The reporting person is the trustee of this trust. |
| 2 | Common | Common Stock | 2024-03-12 | A | A | 49,092 | — | 49,092 | I | — | — | (F1) Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Inpixon, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of legacy XTI common stock was converted into the right to receive 0.0892598 shares of Parent's common stock. At the Effective Time, Parent changed its name to XTI Aerospace, Inc. |
| 3 | Common | Common Stock | 2024-03-12 | A | A | 843,505 | — | 843,505 | I By spouse | — | — | (F1) Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Inpixon, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of legacy XTI common stock was converted into the right to receive 0.0892598 shares of Parent's common stock. At the Effective Time, Parent changed its name to XTI Aerospace, Inc. |
| 4 | Common | Common Stock | 2024-03-12 | A | A | 1,338,897 | — | 1,338,897 | I By David E. Brody 2019 Spousal Trust | — | — | (F1) Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Inpixon, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of legacy XTI common stock was converted into the right to receive 0.0892598 shares of Parent's common stock. At the Effective Time, Parent changed its name to XTI Aerospace, Inc. (F3) These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person's spouse is the trustee of this trust. |