Erik Dean Prince - 16 Mar 2026 Form 3 Insider Report for Swarmer, Inc (SWMR)

Role
Director
Signature
/s/ Kostantinos Skordalos, Attorney-in-Fact for Erik Prince
Issuer symbol
SWMR
Transactions as of
16 Mar 2026
Net transactions value
$0
Form type
3
Filing time
16 Mar 2026, 18:59:21 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Prince Erik Dean Director C/O SWARMER, INC, 4515 SETON CENTER PKWY #330, AUSTIN /s/ Kostantinos Skordalos, Attorney-in-Fact for Erik Prince 16 Mar 2026 0002108572

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 SWMR Stock Option (right to buy) 16 Mar 2026 Common Stock 1,774,725 $3.33 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option vest as follows: (i) options to purchase up to 887,363 shares will vest on December 8, 2026; (ii) options to purchase up to 177,472 shares will vest in twelve equal monthly installments over the following twelve months with each installment vesting on the first day of every month following December 8, 2026; (iii) options to purchase up to 354,945 shares of common stock will vest upon the Issuer achieving $10 million in realized revenue directly attributable to customers introduced by the Reporting Person; and
F2 (iv) options to purchase up to 354,945 shares of common stock will vest upon the achievement either (A) the Issuer's consummation of one or more equity financing transactions resulting in aggregate gross proceeds to the Issuer of at least $30,000,000, at a pre-money valuation of $300,000,000 or greater or (B) the Issuer achieving a market capitalization of $500,000,000 or greater for 20 of 30 consecutive trading days, as determined by the closing price of the Issuer's common stock multiplied by the number of outstanding shares of common stock on each applicable trading day.

Remarks:

Exhibit 24.1 - Power of Attorney