Ryan Goepel - Jun 11, 2024 Form 4 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Role
President/Chief Financial Officer, Director
Signature
/s/ Martin Schrier as attorney-in-fact for Ryan Goepel
Stock symbol
JETMF
Transactions as of
Jun 11, 2024
Transactions value $
-$19,715
Form type
4
Date filed
7/1/2024, 09:05 PM
Previous filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JETMF Common Stock Options Exercise $0 +83.3K +5.51% $0.00 1.6M Mar 16, 2024 Direct F1
transaction JETMF Common Stock Options Exercise $0 +125K +7.84% $0.00 1.72M Jun 11, 2024 Direct F1
transaction JETMF Common Stock Disposed to Issuer -$19.7K -39.4K -2.29% $0.50 1.68M Jun 11, 2024 Direct
holding JETMF Common Stock 3.35K Jun 11, 2024 See footnote F2
holding JETMF Common Stock 3.35K Jun 11, 2024 See footnote F3

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
holding JETMF Options to Purchase Common Stock 71.7K Jun 11, 2024 Common Stock 71.7K $0.25 Direct
holding JETMF Restricted Stock Units 0 Jun 11, 2024 Common Stock 167K $0.00 Direct F4
holding JETMF Restricted Stock Units 0 Jun 11, 2024 Common Stock 150K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This relates solely to the settlement of previously granted restricted stock units ("RSUs") upon vesting. RSUs convert into common stock on a one-for-one basis..
F2 Shares are held of record by the reporting person as co-custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F3 Shares are held of record by the reporting person as co-custodian for a minor child under the Uniform Transfer to Minors Act (FL). The reporting person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 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, 2025 and March 16, 2026, subject to continued service through such vesting date.
F5 This award of RSUs was granted on March 20, 2024. 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 20, 2025 and March 20, 2026 and March 20, 2027, subject to continued service through such vesting date.

Remarks:

President/Chief Financial Officer