Bruce L. Hack - 03 Apr 2024 Form 4 Insider Report for SURF AIR MOBILITY INC. (SRFM)

Reporting relationship: Director
Issuer ticker: SRFM
Reported as of: 03 Apr 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 Apr 2024, 21:38:24 UTC
Prior SEC filing: 27 Jul 2023
Next SEC filing: 27 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ David Anderman, as attorney-in-fact for Bruce Hack

Key filing fact

Bruce L. Hack filed Form 4 for SURF AIR MOBILITY INC. (SRFM) on 05 Apr 2024.

Key facts

This page summarizes Bruce L. Hack's Form 4 filing for SURF AIR MOBILITY INC. (SRFM).
5 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 05 Apr 2024, 21:38.

Change

Previous filing in this sequence was filed on 27 Jul 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SRFM transaction

Common Stock

Award

Transaction value: $0
Shares: +91,353
Change %: +681%
Price: $0.000000
Shares after: 104,762
Date: 03 Apr 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SRFM transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +25,000
Change %
Price: $0.000000
Shares after: 25,000
Date: 03 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $0.8800
Footnotes: F2

SRFM transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +25,000
Change %
Price: $0.000000
Shares after: 25,000
Date: 03 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $0.8800
Footnotes: F3

SRFM transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +25,000
Change %
Price: $0.000000
Shares after: 25,000
Date: 03 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $0.8800
Footnotes: F4

SRFM transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +25,000
Change %
Price: $0.000000
Shares after: 25,000
Date: 03 Apr 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 25,000
Exercise price: $0.8800
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote F2

This option represents the right to purchase 25,000 shares of the Issuer's common stock, which vested immediately upon grant.

Footnote F3

This option represents the right to purchase 25,000 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.

Footnote F4

This option represents the right to purchase 25,000 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.

Footnote F5

This option represents the right to purchase 25,000 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.