Amir Avniel - Mar 3, 2022 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role: COO and President, Director
Signature: /s/ Amir Avniel
Stock symbol: XAIR
Transactions as of: Mar 3, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/7/2022, 07:31 AM
Previous filing: Dec 3, 2021
Next filing: Jul 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	XAIR	Common Stock	Award	$0	+70K	+17.35%	$0.00	474K	Mar 3, 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	Stock Option (right to buy)	Award	$0	+140K		$0.00	140K	Mar 3, 2022	Common Stock	140K	$6.87	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents grant of time-vested restricted stock units ("RSUs") under the Beyond Air, Inc. Fourth Amended and Restated 2013 Equity Incentive Plan. The award will vest as to 20% of the shares of common stock underlying the RSUs on December 15, 2022, with the remainder vesting in equal annual installments on December 15th of each of the four ensuing years thereafter until vested in full.
F2	The option will vest as to 25% of the shares of common stock underlying the option on December 31, 2022, with the remainder vesting in equal annual installments on December 31 of each of the three ensuing years thereafter until vested in full.