Form 4 for JTAI Jet.AI Inc.

Accepted 2023-08-23 00:00:00 ET · period of report 2023-08-10 · accession 0001990518-23-000002 · 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	2023-08-23	2023-08-10	JTAI	WINSTON MICHAEL D.	EXEC. COB, INTERIM CEO, Dir, 10%	A - Grant	—	+2.56M	2.56M	New	—
D	2023-08-23	2023-08-10	JTAI	WINSTON MICHAEL D.	EXEC. COB, INTERIM CEO, Dir, 10%	A - Grant	—	+4.08M	4.08M	New	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	COMMON STOCK, PAR VALUE $0.0001 PER SHARE	2023-08-10	A	A	2,561,651	—	2,561,651	D	—	—	(F1) Received in connection with Oxbridge Acquisition Corp.'s business combination transaction with Jet Token Inc. in accordance with the terms of the Business Combination Agreement and Plan of Reorganization, dated February 24, 2023, as amended by Amendment No. 1 to the Business Combination Agreement, dated May 11, 2023, by and among Oxbridge Acquisition Corp., OXAC Merger Sub I, Inc., Summerlin Aviation LLC, and Jet Token Inc.
2	Derivative	MERGER CONSIDERATION WARRANT (RIGHT TO BUY)	2023-08-10	A	A	4,076,288	—	4,076,288	D	$15.00 · 2023-08-10 to 2033-08-10	4,076,288 COMMON STOCK, PAR VALUE $0.0001 PER SHARE	(F1) Received in connection with Oxbridge Acquisition Corp.'s business combination transaction with Jet Token Inc. in accordance with the terms of the Business Combination Agreement and Plan of Reorganization, dated February 24, 2023, as amended by Amendment No. 1 to the Business Combination Agreement, dated May 11, 2023, by and among Oxbridge Acquisition Corp., OXAC Merger Sub I, Inc., Summerlin Aviation LLC, and Jet Token Inc.