Michael D. Winston - Jul 25, 2024 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Signature
/s/ Michael D. Winston
Stock symbol
JTAI
Transactions as of
Jul 25, 2024
Transactions value $
$0
Form type
4
Date filed
8/19/2024, 04:15 PM
Previous filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JTAI Common Stock, par value $0.0001 Purchase +4.13M +161.24% 6.69M Jul 25, 2024 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 JTAI Merger Consideration Warrant (Right to Buy) Sale -4.08M -100% 0 Jul 25, 2024 Common Stock, par value $0.0001 per share Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disposed of 4,076,288 Merger Consideration Warrants (each, a "Warrant") in exchange for 4,130,503 shares of common stock, par value $0.0001 per share (or 1.0133 shares of common stock per Warrant), of Jet.AI Inc.(the "Issuer") pursuant to the terms of the Issuer's exchange offer.