Allison O'Neill - Mar 29, 2022 Form 3 Insider Report for PASSUR Aerospace, Inc. (PSSR)

Role
Exec. VP Finance & Admin
Signature
/s/ Allison O'Neill
Stock symbol
PSSR
Transactions as of
Mar 29, 2022
Transactions value $
$0
Form type
3
Date filed
4/4/2022, 09:30 AM
Next filing
Oct 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PSSR Common Stock, par value of $0.01 per share 0 Mar 29, 2022 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
holding PSSR Stock Option (Right to Buy) Mar 29, 2022 Common Stock, par value of $0.01 per share $100K $0.35 Direct F1, F2
holding PSSR Stock Option (Right to Buy) Mar 29, 2022 Common Stock, par value of $0.01 per share $10K $0.52 Direct F3, F4
holding PSSR Restricted Stock Units Mar 29, 2022 Common Stock, par value of $0.01 per share $25K Direct F5, F6, F7
holding PSSR Restricted Stock Units Mar 29, 2022 Common Stock, par value of $0.01 per share $30K Direct F7, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 29, 2022, the Issuer granted to the Reporting Person an incentive stock option pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.
F2 The stock option will vest in equal installments over a five-year period (provided that the Reporting Person continues to provide services to the Issuer on the applicable vesting date), with the first installment vesting on September 29, 2023 and the remaining four installments vesting on March 29, 2024, March 29, 2025, March 29, 2026 and March 29, 2027.
F3 On April 19, 2021, the Issuer granted to the Reporting Person an incentive stock option pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.
F4 The stock option will vest in equal installments over a five-year period (provided that the Reporting Person continues to provide services to the Issuer on the applicable vesting date), with the first installment vesting on October 19, 2022 and the remaining four installments vesting on April 19, 2023, April 19, 2024, April 19, 2025 and April 19, 2026.
F5 On March 29, 2022, the Issuer granted to the Reporting Person an award of restricted stock units pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.
F6 The restricted stock unit award will vest in equal installments over a three-year period (provided that the Reporting Person continues to provide services to the Issuer on the applicable vesting date), with the first installment vesting on March 29, 2023, and the remaining two installments vesting on March 29, 2024 and March 29, 2025.
F7 Each restricted stock unit represents the right to receive, following vesting, one share of the Issuer's Common Stock.
F8 On October 22, 2021, the Issuer granted to the Reporting Person an award of restricted stock units pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.
F9 The restricted stock unit award will vest in equal installments over a three-year period (provided that the Reporting Person continues to provide services to the Issuer on the applicable vesting date), with the first installment vesting on October 22, 2022, and the remaining two installments vesting on October 22, 2023 and October 22, 2024.