Amir Avniel - Mar 29, 2023 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role
Chief Business Officer, Director
Signature
/s/ Amir Avniel
Stock symbol
XAIR
Transactions as of
Mar 29, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 04:15 PM
Previous filing
Mar 15, 2023
Next filing
Dec 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction XAIR Common Stock Award $0 +240K +52.51% $0.00 697K Mar 29, 2023 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 +80K $0.00 80K Mar 29, 2023 Common Stock 80K $6.28 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. Fifth 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, 2023, 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, 2023, with the remainder vesting in equal annual installments on December 31 of each of the three ensuing years thereafter until vested in full.