Steven A. Lisi - Mar 3, 2022 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role
CEO and Chairman of the Board, Director
Signature
/s/ Steven A. Lisi
Stock symbol
XAIR
Transactions as of
Mar 3, 2022
Transactions value $
$0
Form type
4
Date filed
3/7/2022, 07:33 AM
Previous filing
Jan 14, 2022
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 +140K +11.35% $0.00 1.37M 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 +280K $0.00 280K Mar 3, 2022 Common Stock 280K $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.