Steven A. Lisi - 12 Jan 2022 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role: CEO and Chairman of the Board, Director
Signature: /s/ Steven A. Lisi
Issuer symbol: XAIR
Transactions as of: 12 Jan 2022
Net transactions value: +$305,002
Form type: 4
Filing time: 14 Jan 2022, 07:30:16 UTC
Previous filing: 03 Jan 2022
Next filing: 07 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XAIR	Common Stock	Options Exercise	$305,002	+83,334	+7.2%	$3.66	1,233,445	12 Jan 2022	Direct	F1

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	XAIR	Warrants (right to buy)	Options Exercise	$0	-83,334	-100%	$0.000000^*	0	12 Jan 2022	Common Stock	83,334	$3.66	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 12, 2022, the reporting person exercised a warrant to purchase 83,334 shares of common stock, par value $0.0001 per share, of Beyond Air, Inc. for $3.66 a share. The reported transactions were exempt from Section 16(b) in accordance with Rule 16b-3 and Rule 16b-6.