Brooke Martellaro - Jun 12, 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Role
Chief Financial Officer
Signature
/s/ John Griffo, Attorney-in-fact for Brooke Martellaro
Stock symbol
XTIA
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/14/2024, 06:22 PM
Previous filing
Mar 14, 2024

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
transaction XTIA Stock Option (Right to Buy Common Stock) Award $0 +1.64M $0.00 1.64M Jun 12, 2024 Common Stock 1.64M $0.47 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vest 1/3rd annually over three years starting from the grant date.
F2 The stock options are granted under the Issuer's 2018 Employee Stock Incentive Plan, as amended from time to time.