George Murnane - Sep 22, 2023 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Role
Interim CFO, Director, 10%+ Owner
Signature
/s/ George Murnane
Stock symbol
JTAI
Transactions as of
Sep 22, 2023
Transactions value $
$0
Form type
4
Date filed
9/28/2023, 09:16 PM
Previous filing
Aug 21, 2023
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding JTAI Common Stock, par value $0.0001 per share 996K Sep 22, 2023 Direct

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 JTAI Stock Option (right to buy) Award $0 +150K +14.56% $0.00 1.18M Sep 22, 2023 Common Stock, par value $0.0001 per share 150K $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/36th of the option shares vest each month after the vesting commencement date of September 15, 2023 so that the option shares are fully vested 36 months after the vesting commencement date.