Tobin Arthur - Sep 19, 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Role
Chief Strategy Officer
Signature
/s/ Tobin Arthur
Stock symbol
XTIA
Transactions as of
Sep 19, 2024
Transactions value $
$0
Form type
4
Date filed
9/23/2024, 05:14 PM

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 +1.17M $0.00 1.17M Sep 19, 2024 Common Stock 1.17M $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 August 1, 2024.
F2 The stock options are granted under the Issuer's 2018 Employee Stock Incentive Plan, as amended from time to time.