David E. Brody - 12 Mar 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
14 Mar 2024, 20:45:49 UTC
Next SEC filing
14 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Griffo, Attorney-in-fact for David Brody
Filing notes and source

Key filing fact

David E. Brody filed Form 4 for XTI Aerospace, Inc. (XTIA) on 14 Mar 2024.

Key facts

  • This page summarizes David E. Brody's Form 4 filing for XTI Aerospace, Inc. (XTIA).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 14 Mar 2024, 20:45.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

XTIA transaction

Common Stock

Award

Transaction value
Shares
+266,304
Change %
Price
Shares after
266,304
Date
12 Mar 2024
Ownership
Direct
Footnotes
F1
XTIA transaction

Common Stock

Award

Transaction value
Shares
+1,338,897
Change %
Price
Shares after
1,338,897
Date
12 Mar 2024
Ownership
By Jason S. Brody 2019 Trust
Footnotes
F1, F2
XTIA transaction

Common Stock

Award

Transaction value
Shares
+843,505
Change %
Price
Shares after
843,505
Date
12 Mar 2024
Ownership
By David E. Brody 2019 Spousal Trust
Footnotes
F1, F3
XTIA transaction

Common Stock

Award

Transaction value
Shares
+49,092
Change %
Price
Shares after
49,092
Date
12 Mar 2024
Ownership
By spouse
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Inpixon, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of legacy XTI common stock was converted into the right to receive 0.0892598 shares of Parent's common stock. At the Effective Time, Parent changed its name to XTI Aerospace, Inc.

Footnote F2

These shares are held in a trust for the benefit of the reporting person's child. The reporting person is the trustee of this trust.

Footnote F3

These shares are held in a trust for the benefit of the reporting person's spouse. The reporting person's spouse is the trustee of this trust.

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