Form 4 for SOAR Volato Group, Inc.
Accepted 2024-06-11 00:00:00 ET · period of report 2024-06-07 · accession 0001628280-24-027731 · 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 | 2024-06-11 | 2024-06-07 | SOAR | Heinen Mark | CFO | A - Grant | $0.00 | +139.5K | 148.0K | +1,641% | $0 |
| D | 2024-06-11 | 2024-06-07 | SOAR | Heinen Mark | CFO | A - Grant | $0.00 | +47.8K | 47.8K | 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 | 2024-06-07 | A | A | 139,463 | $0.00 | 147,963 | D | — | — | (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. 123,038 RSU's 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. 16,425 RSU's shall vest 25% of the shares subject to 12 months of continuous employment the vesting commencement date and 1/48th shall vest subject to continuous employment thereafter. |
| 2 | Derivative | Performance-Based Restricted Stock Unit | 2024-06-07 | A | A | 47,840 | $0.00 | 47,840 | D | — · — to — | 47,840 Common Stock | (F2) 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. |