4//SEC Filing
ALBERT CARL A 4
Accession 0000950170-24-042402
CIK 0001936224other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 9:37 PM ET
Size
15.6 KB
Accession
0000950170-24-042402
Insider Transaction Report
Form 4
ALBERT CARL A
Director
Transactions
- Award
Stock Option (Right to Buy)
2024-04-03+301,595→ 301,595 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (301,595 underlying) - Award
Stock Option (Right to Buy)
2024-04-03+301,596→ 301,596 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (301,596 underlying) - Award
Stock Option (Right to Buy)
2024-04-03+301,595→ 301,595 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (301,595 underlying) - Award
Common Stock
2024-04-03+91,353→ 104,762 total - Award
Stock Option (Right to Buy)
2024-04-03+301,595→ 301,595 totalExercise: $0.88Exp: 2034-04-03→ Common Stock (301,595 underlying)
Holdings
- 332,004(indirect: By Trust)
Common Stock
Footnotes (6)
- [F1]Represents restricted stock units ("RSUs"). Each RSU represents a contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. The RSUs will vest in full on July 27, 2024, subject to the Reporting Person's continued service to the Issuer.
- [F2]These shares are held by the Carl Albert Trust dated June 7, 1991.
- [F3]This option represents the right to purchase 301,596 shares of the Issuer's common stock, which vested immediately upon grant.
- [F4]This option represents the right to purchase 301,595 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the first anniversary of the grant date and (y) the last trading day where the sale price of the Issuer's common stock equals or exceeds $3.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F5]This option represents the right to purchase 301,595 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the second anniversary of the grant date and (y) the last trading day where the sale price of the Issuer's common stock equals or exceeds $5.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
- [F6]This option represents the right to purchase 301,595 shares of the Issuer's common stock, which vests on the date that is the earlier of (x) the third anniversary of the grant date and (y) the last trading day where the sale price of the Issuer's common stock equals or exceeds $7.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period following the grant date, subject to the Reporting Person's continued service to the Issuer on such vesting date.
Documents
Issuer
SURF AIR MOBILITY INC.
CIK 0001936224
Entity typeother
Related Parties
1- filerCIK 0001287248
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 9:37 PM ET
- Size
- 15.6 KB