Form 4 for JTAI Jet.AI Inc.
Accepted 2024-08-19 00:00:00 ET · period of report 2024-07-25 · accession 0001493152-24-033080 · 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 | 2024-08-19 | 2024-07-25 | JTAI | WINSTON MICHAEL D. | Exec. COB, Interim CEO, Dir, 10% | P - Purchase | — | +4.13M | 6.69M | +161% | — |
| D | 2024-08-19 | 2024-07-25 | JTAI | WINSTON MICHAEL D. | Exec. COB, Interim CEO, Dir, 10% | S - Sale | — | -4.08M | 0 | -100% | — |
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, par value $0.0001 | 2024-07-25 | P | A | 4,130,503 | — | 6,692,154 | D | — | — | (F1) The reporting person disposed of 4,076,288 Merger Consideration Warrants (each, a "Warrant") in exchange for 4,130,503 shares of common stock, par value $0.0001 per share (or 1.0133 shares of common stock per Warrant), of Jet.AI Inc.(the "Issuer") pursuant to the terms of the Issuer's exchange offer. |
| 2 | Derivative | Merger Consideration Warrant (Right to Buy) | 2024-07-25 | S | D | 4,076,288 | — | 0 | D | — · 2023-08-10 to 2033-08-10 | — Common Stock, par value $0.0001 per share | (F1) The reporting person disposed of 4,076,288 Merger Consideration Warrants (each, a "Warrant") in exchange for 4,130,503 shares of common stock, par value $0.0001 per share (or 1.0133 shares of common stock per Warrant), of Jet.AI Inc.(the "Issuer") pursuant to the terms of the Issuer's exchange offer. |