Joseph DaGrosa Jr. - Dec 31, 2023 Form 5 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Signature
/s/ Joseph DaGrosa, Jr.
Stock symbol
JETMF
Transactions as of
Dec 31, 2023
Transactions value $
-$1,073,481
Form type
5
Date filed
2/15/2024, 01:29 PM
Previous filing
Apr 25, 2023
Next filing
Apr 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JETMF Common Stock Sale -$3.25K -2.5K -0.1% $1.30* 2.62M Jul 10, 2023 Direct F1
transaction JETMF Common Stock Sale -$10.6K -8.2K -0.31% $1.29* 2.61M Jul 14, 2023 Direct F2
transaction JETMF Common Stock Sale -$3.24K -3K -0.12% $1.08 2.6M Sep 13, 2023 Direct F3
transaction JETMF Common Stock Sale -$5.56K -5.2K -0.2% $1.07 2.6M Sep 19, 2023 Direct F4
transaction JETMF Common Stock Sale -$11.4K -11K -0.42% $1.04 2.59M Sep 20, 2023 Direct F5
transaction JETMF Common Stock Sale -$10.5K -10.3K -0.4% $1.02 2.58M Sep 21, 2023 Direct F6
transaction JETMF Common Stock Sale -$13K -13K -0.5% $1.00 2.56M Sep 28, 2023 Direct F7
transaction JETMF Common Stock Sale -$1.1K -1K -0.04% $1.10 2.56M Sep 29, 2023 Direct
transaction JETMF Common Stock Sale -$7.1K -6.4K -0.25% $1.11 2.56M Oct 2, 2023 Direct F8
transaction JETMF Common Stock Sale -$7.6K -7.1K -0.28% $1.07 2.55M Oct 3, 2023 Direct F9
transaction JETMF Common Stock Sale -$16.3K -15.5K -0.61% $1.05 2.53M Oct 4, 2023 Direct F10
transaction JETMF Common Stock Sale -$6.63K -6.2K -0.24% $1.07 2.53M Oct 5, 2023 Direct F11
transaction JETMF Common Stock Sale -$59.6K -59K -2.33% $1.01 2.47M Oct 6, 2023 Direct F12
transaction JETMF Common Stock Sale -$20.6K -21.5K -0.87% $0.96 2.45M Oct 10, 2023 Direct F13
transaction JETMF Common Stock Sale -$27.4K -28K -1.14% $0.98 2.42M Oct 11, 2023 Direct F14
transaction JETMF Common Stock Sale -$1.44K -1.5K -0.06% $0.96 2.42M Oct 12, 2023 Direct F15
transaction JETMF Common Stock Sale -$13K -13.4K -0.55% $0.97 2.4M Oct 13, 2023 Direct F16
transaction JETMF Common Stock Sale -$12.9K -14K -0.58% $0.92 2.39M Oct 16, 2023 Direct F17
transaction JETMF Common Stock Sale -$14.1K -15K -0.63% $0.94 2.38M Oct 24, 2023 Direct F18
transaction JETMF Common Stock Sale -$970 -1K -0.04% $0.97 2.37M Nov 6, 2023 Direct
transaction JETMF Common Stock Sale -$74.8K -86K -3.62% $0.87 2.29M Dec 8, 2023 Direct F19
transaction JETMF Common Stock Sale -$5.46K -6.5K -0.28% $0.84 2.28M Dec 11, 2023 Direct
transaction JETMF Common Stock Sale -$8.08K -9.5K -0.42% $0.85 2.27M Dec 12, 2023 Direct F20
transaction JETMF Common Stock Sale -$860 -1K -0.04% $0.86 2.27M Dec 13, 2023 Direct
transaction JETMF Common Stock Sale -$420 -500 -0.02% $0.84 2.27M Dec 14, 2023 Direct
transaction JETMF Common Stock Sale -$850 -1K -0.04% $0.85 2.27M Dec 15, 2023 Direct
transaction JETMF Common Stock Sale -$675K -1.5M -66.07% $0.45 770K Dec 17, 2023 Direct
transaction JETMF Common Stock Sale -$4.46K -5.5K -0.71% $0.81 765K Dec 18, 2023 Direct F21
transaction JETMF Common Stock Sale -$7.38K -9K -1.18% $0.82 756K Dec 21, 2023 Direct F22
transaction JETMF Common Stock Sale -$49.8K -61.5K -8.14% $0.81 694K Dec 28, 2023 Direct F23

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 295K Dec 31, 2023 Common Stock 295K $1.00 By Joba Irrevocable Trust F24
holding JETMF Warrants to purchase Common Stock 33.3K Dec 31, 2023 Common Stock 33.3K $0.25 By Joba Irrevocable Trust F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph DaGrosa Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 33,333 shares directly held by Mr. DaGrosa that were not previously reported on Form 4 filed on April 25, 2023.
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 $1.28 and $1.31, 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 5.
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 $1.07 and $1.08, 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 5.
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 $1.07 and $1.08, 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 5.
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 $1.04 and $1.05, 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 5.
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 $1.02 and $1.04, 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 5.
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 $0.99 and $1.01, 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 5.
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 $1.10 and $1.15, 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 5.
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 $1.05 and $1.10, 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 5.
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 $1.02 and $1.10, 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 5.
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 $1.06 and $1.07, 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 5.
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 $1.00 and $1.07, 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 5.
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 $0.95 and $1.00, 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 5.
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 $0.97 and $1.00, 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 5.
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 $0.95 and $0.97, 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 5.
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 $0.95 and $1.00, 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 5.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.92 and $0.93, 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 5.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.94 and $0.95, 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 5.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.85 and $0.90, 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 5.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.84 and $0.85, 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 5.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.80 and $0.83, 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 5.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.81 and $0.82, 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 5.
F23 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.80 and $0.81, 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 5.
F24 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.