Embraer Aircraft Holding, Inc. - Apr 1, 2024 Form 4 Insider Report for Eve Holding, Inc. (EVEX)

Role
Director, 10%+ Owner
Signature
Gary Kretz, Officer
Stock symbol
EVEX
Transactions as of
Apr 1, 2024
Transactions value $
$3,995,890
Form type
4
Date filed
4/3/2024, 09:01 PM
Previous filing
May 11, 2022
Next filing
Sep 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVEX Common Stock Exercise of in-the-money or at-the-money derivative security $4M +400K +0.17% $10.00 239M Apr 1, 2024 Direct F1, F2

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 EVEX Put Option (obligation to purchase) Exercise of in-the-money or at-the-money derivative security $0 -400K -28.55% $0.00 1M Apr 1, 2024 Common stock 400K $10.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The counterparty to certain of Embraer Aircraft Holding, Inc.'s ("EAH") outstanding short put options exercised such options on April 1, 2024 (the settlement of which is expected to be consummated within 30 days of the date of exercise). As a result of such exercise, EAH is obligated to purchase these shares at an exercise price of $10.00 per share, which amount shall be payable in the form of credits which may be applied to the purchase of spare parts and maintenance services provided by EAH or one of its subsidiaries in the United States.
F2 Embraer Aircraft Holding, Inc. is controlled by Embraer S.A.