Ali Pourdad - 18 Apr 2024 Form 4 Insider Report for Serve Robotics Inc. /DE/ (SERV)

Role
Director
Signature
/s/ Ali Pourdad
Issuer symbol
SERV
Transactions as of
18 Apr 2024
Net transactions value
$0
Form type
4
Filing time
10 Mar 2025, 16:54:45 UTC
Previous filing
02 Aug 2023

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 SERV Stock Option (right to buy) Award $0 +20,000 $0.000000 20,000 18 Apr 2024 Common Stock 20,000 $3.11 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ali Pourdad is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The stock option will vest in full on the one-year anniversary of the grant, subject to the Reporting Person's continued service as a member of the Board of Directors of the Issuer (the "Board") through such date. The Reporting Person did not stand for re-election at the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting"), and his term expired at the 2024 Meeting. On March 4, 2025, the Board ratified the acceleration of the Reporting Person's stock option to vest in full on July 22, 2024, the date of the 2024 Annual Meeting.