Form 4 for SOAR Volato Group, Inc.
Accepted 2024-06-11 00:00:00 ET · period of report 2024-06-07 · accession 0001628280-24-027735 · 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 | Cooper Nicholas James | Chief Commercial Off, Dir, 10% | A - Grant | $0.00 | +346.4K | 3.81M | +10% | $0 |
| D | 2024-06-11 | 2024-06-07 | SOAR | Cooper Nicholas James | Chief Commercial Off, Dir, 10% | A - Grant | $0.00 | +22.6K | 22.6K | 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 | 346,412 | $0.00 | 3,812,565 | 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. The RSU 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. (F2) Mr. Cooper beneficially owns 3,466,153 shares of Common Stock held by Hoop Capital LLC in which Mr. Cooper holds sole voting and investment power. |
| 2 | Derivative | Performance-Based Restricted Stock Unit | 2024-06-07 | A | A | 22,560 | $0.00 | 22,560 | D | — · — to — | 22,560 Common Stock | (F3) 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. |