Touraj Parang - Jun 11, 2024 Form 4 Insider Report for Serve Robotics Inc. /DE/ (SERV)

Role
President & COO, Director
Signature
/s/ Touraj Parang
Stock symbol
SERV
Transactions as of
Jun 11, 2024
Transactions value $
$0
Form type
4
Date filed
9/6/2024, 07:15 PM
Previous filing
Aug 2, 2023
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SERV Common Stock Award $0 +12.9K +1.62% $0.00 808K Jun 11, 2024 Direct F1
transaction SERV Common Stock Award $0 +395K +48.91% $0.00 1.2M Sep 5, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Common Stock underlying a time-based restricted stock unit award ("RSU"). The RSU vested as to 1/12th of the total number of shares on June 1, 2024, and an additional 1/12th of the total number of shares will vest on the same day of each month thereafter, subject to the Reporting Person's continuous service status through each vesting date.
F2 Represents shares of Common Stock underlying an RSU. The RSU will vest as to 1/3rd of the total number of shares on September 5, 2025 and 1/36th of the total number of shares on the same day of each month thereafter, subject to the Reporting Person's continuous service status through each vesting date.