Patrick McNulty - 25 Jul 2024 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 Sep 2024, 20:10:18 UTC
Prior SEC filing
28 Sep 2023
Next SEC filing
12 Dec 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick McNulty

Key filing fact

Patrick McNulty filed Form 4 for Jet.AI Inc. (JTAI) on 09 Sep 2024.

Key facts

  • This page summarizes Patrick McNulty's Form 4 filing for Jet.AI Inc. (JTAI).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 09 Sep 2024, 20:10.

Change

  • Previous filing in this sequence was filed on 28 Sep 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

JTAI transaction

Common Stock, par value $0.0001

Purchase

Transaction value
Shares
+7
Change %
+175%
Price
Shares after
11
Date
25 Jul 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

JTAI transaction Derivative

Merger Consideration Warrant (Right to Buy)

Sale

Transaction value
Shares
-6
Change %
-100%
Price
Shares after
0
Date
25 Jul 2024
Ownership
Direct
Underlying class
Common Stock, par value $0.0001 per share
Underlying amount
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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 (the "Exchange Offer").

Footnote F2

In the reporting person's last filed Form 4, filed on September 28, 2023, the reporting person mistakenly included 84,552 shares of the Issuer's common stock underlying options held by the reporting person ("Option Shares") in his reported aggregate holdings of common stock in Table I of the Form 4. Excluding such Option Shares, which had been correctly reported as part of the reporting person's Table II holdings of derivative securities in a Form 4 filed on August 23, 2023, the reporting person actually held four shares of common stock at the time his last Form 4 was filed. Adding the seven shares of common stock the reporting person received pursuant to the terms of the Exchange Offer, the reporting person now owns 11 shares of common stock.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .