George Murnane - Jul 25, 2024 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Signature
/s/ George Murnane
Stock symbol
JTAI
Transactions as of
Jul 25, 2024
Transactions value $
$0
Form type
4
Date filed
8/20/2024, 04:05 PM
Previous filing
Sep 28, 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 +7 +0% 996K 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 -6 -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 six Merger Consideration Warrants (each, a "Warrant") of Jet.AI Inc.(the "Issuer") in exchange for seven shares of the Issuer's common stock, par value $0.0001 per share (or 1.0133 shares of common stock per Warrant, rounded up to the nearest whole share), pursuant to the terms of the Issuer's exchange offer.