Ryan Goepel - 16 Mar 2023 Form 4 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Role: Chief Financial Officer, Director
Signature: /s/ Martin Schrier as attorney-in-fact for Ryan Goepel
Issuer symbol: JETMF
Transactions as of: 16 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 20 Mar 2023, 21:40:40 UTC
Previous filing: 20 Dec 2022
Next filing: 16 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	JETMF	Common Stock						1,626,792	16 Mar 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	JETMF	Restricted Stock Units	Award	$0	+325,000		$0.000000^*	0	16 Mar 2023	Common Stock	325,000		Direct	F2
holding	JETMF	Options to Purchase Common Stock						71,667	16 Mar 2023	Common Stock	71,667	$0.2500	Direct	F1
holding	JETMF	Restricted Stock Units						0	16 Mar 2023	Common Stock	262,500		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	All of the options are currently vested and exercisable.
F2	Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 16, 2023. Shares of common stock subject to this award are subject to service-based vesting conditions and vest in equal annual installments on each of March 16, 2024, March 16, 2025 and March 16, 2026, subject to continued service through such vesting date.
F3	Vest as follows: 250,000 of such RSUs vest on June 23, 2023 and the remainder will vest on November 23, 2023.