Steven A. Lisi - 22 Nov 2024 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role
CEO and Chairman of the Board, Director
Signature
/s/ Steven A. Lisi
Issuer symbol
XAIR
Transactions as of
22 Nov 2024
Net transactions value
$0
Form type
4
Filing time
26 Nov 2024, 21:51:01 UTC
Previous filing
01 Oct 2024
Next filing
28 Mar 2025
SEC
View on sec.gov

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 Options (Right to buy) Disposed to Issuer -950,000 -100% 0 22 Nov 2024 Common Stock 950,000 $1.53 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +950,000 950,000 22 Nov 2024 Common Stock 950,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -800,000 -100% 0 22 Nov 2024 Common Stock 800,000 $6.28 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +800,000 800,000 22 Nov 2024 Common Stock 800,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -280,000 -100% 0 22 Nov 2024 Common Stock 280,000 $6.87 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +280,000 280,000 22 Nov 2024 Common Stock 280,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -200,000 -100% 0 22 Nov 2024 Common Stock 200,000 $5.45 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +200,000 200,000 22 Nov 2024 Common Stock 200,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -70,000 -100% 0 22 Nov 2024 Common Stock 70,000 $5.32 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +70,000 70,000 22 Nov 2024 Common Stock 70,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -250,000 -100% 0 22 Nov 2024 Common Stock 250,000 $4.80 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +250,000 250,000 22 Nov 2024 Common Stock 250,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -400,000 -100% 0 22 Nov 2024 Common Stock 400,000 $4.25 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +400,000 400,000 22 Nov 2024 Common Stock 400,000 $0.5400 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 22, 2024, the Issuer's Board of Directors approved an option repricing, effective as of November 22, 2024 (the "Effective Date") reducing the exercise price to $0.54 per share, the closing price of the Issuer's common stock on the Effective Date. All of the other terms of the options remain unchanged.
F2 This stock option award was issued pursuant to the Company's Amended and Restated 2013 Equity Incentive Plan, as amended, (the "|2013 Plan") and becomes exercisable in accordance with the vesting schedule specified in the award agreement and as previously reported on applicable Form-4, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.