Joseph DaGrosa Jr. - 02 Feb 2023 Form 4 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Role
10%+ Owner
Signature
/s/ Joseph DaGrosa, Jr.
Issuer symbol
JETMF
Transactions as of
02 Feb 2023
Net transactions value
-$663,695
Form type
4
Filing time
25 Apr 2023, 16:01:26 UTC
Previous filing
25 Feb 2022
Next filing
15 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JETMF Common Stock Sale $1,370 -1,000 -0.03% $1.37 2,959,714 02 Feb 2023 Direct F18
transaction JETMF Common Stock Sale $8,664 -6,100 -0.21% $1.42 2,953,614 03 Feb 2023 Direct F1, F18
transaction JETMF Common Stock Sale $62,183 -33,900 -1.1% $1.83 2,919,714 07 Feb 2023 Direct F2, F18
transaction JETMF Common Stock Sale $34,319 -18,600 -0.64% $1.85 2,901,114 08 Feb 2023 Direct F3, F18
transaction JETMF Common Stock Sale $65,947 -35,000 -1.2% $1.88 2,866,114 10 Feb 2023 Direct F4, F18
transaction JETMF Common Stock Sale $53,831 -29,800 -1% $1.81 2,836,314 13 Feb 2023 Direct F5, F18
transaction JETMF Common Stock Sale $6,984 -4,000 -0.14% $1.75 2,832,314 14 Feb 2023 Direct F6, F18
transaction JETMF Common Stock Sale $55,806 -32,700 -1.2% $1.71 2,799,614 16 Feb 2023 Direct F7, F18
transaction JETMF Common Stock Sale $8,540 -5,000 -0.18% $1.71 2,794,614 17 Feb 2023 Direct F8, F18
transaction JETMF Common Stock Sale $4,300 -2,500 -0.09% $1.72 2,792,114 21 Feb 2023 Direct F18
transaction JETMF Common Stock Sale $124,278 -70,000 -2.5% $1.78 2,722,114 22 Feb 2023 Direct F9, F18
transaction JETMF Common Stock Sale $50,048 -27,800 -1% $1.80 2,694,314 23 Feb 2023 Direct F10, F18
transaction JETMF Common Stock Sale $74,981 -41,800 -1.6% $1.79 2,652,514 24 Feb 2023 Direct F11, F18
transaction JETMF Common Stock Sale $44,855 -25,000 -0.94% $1.79 2,627,514 27 Feb 2023 Direct F12, F18
transaction JETMF Common Stock Sale $14,983 -8,600 -0.33% $1.74 2,618,914 28 Feb 2023 Direct F13, F18
transaction JETMF Common Stock Sale $32,659 -19,700 -0.75% $1.66 2,599,214 09 Mar 2023 Direct F14, F18
transaction JETMF Common Stock Sale $1,340 -1,000 -0.04% $1.34 2,598,214 20 Mar 2023 Direct F18
transaction JETMF Common Stock Sale $12,630 -9,500 -0.37% $1.33 2,588,714 22 Mar 2023 Direct F15, F18
transaction JETMF Common Stock Sale $5,978 -4,400 -0.17% $1.36 2,584,314 03 Apr 2023 Direct F16, F18
holding JETMF Common Stock 722,581 02 Feb 2023 By Joba Irrevocable Trust F17

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 Warrants to purchase Common Stock 294,805 02 Feb 2023 Common Stock 294,805 $1.00 By Joba Irrevocable Trust F17
holding JETMF Warrants to purchase Common Stock 33,333 02 Feb 2023 Common Stock 33,333 $0.2500 By Joba Irrevocable Trust F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.42 and $1.44, inclusive. The Reporting Person undertakes to provide to Global Crossing Airlines Group Inc. ("Global Crossing"), any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.68 and $2.04, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.81 and $1.88, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.84 and $1.92, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.77 and $1.88, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.73 and $1.77, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.69 and $1.74, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.70 and $1.74, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.71 and $1.81, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.77 and $1.85, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.77 and $1.84, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.79 and $1.81, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.73 and $1.77, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.65 and $1.68, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.32 and $1.34, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.34 and $1.37, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
F17 The Reporting Person is the trustee of Joba Irrevocable Trust (the "Trust"). The Reporting Person has sole voting and dispositive control over the Common Stock and the Warrants held by the Trust.
F18 This is a late filing.