Jennifer Gaines - Oct 28, 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Role
Chief Legal Officer
Signature
/s/ Jennifer Gaines
Stock symbol
XTIA
Transactions as of
Oct 28, 2024
Transactions value $
$0
Form type
4
Date filed
10/31/2024, 05:12 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 Oct 28, 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 the grant date.
F2 The stock options are granted under the Issuer's 2018 Employee Stock Incentive Plan, as amended from time to time.