Ron Bentsur - 22 Nov 2024 Form 4 Insider Report for Beyond Air, Inc. (XAIR)

Role
Director
Signature
/s/ Ron Bentsur
Issuer symbol
XAIR
Transactions as of
22 Nov 2024
Net transactions value
$0
Form type
4
Filing time
26 Nov 2024, 21:55:41 UTC
Previous filing
18 Nov 2024
Next filing
26 Dec 2024
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 -45,000 -100% 0 22 Nov 2024 Common Stock 45,000 $1.53 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +45,000 45,000 22 Nov 2024 Common Stock 45,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -40,000 -100% 0 22 Nov 2024 Common Stock 40,000 $6.28 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +40,000 40,000 22 Nov 2024 Common Stock 40,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -30,000 -100% 0 22 Nov 2024 Common Stock 30,000 $6.87 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +30,000 30,000 22 Nov 2024 Common Stock 30,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -25,000 -100% 0 22 Nov 2024 Common Stock 25,000 $5.45 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +25,000 25,000 22 Nov 2024 Common Stock 25,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -25,000 -100% 0 22 Nov 2024 Common Stock 25,000 $5.32 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +25,000 25,000 22 Nov 2024 Common Stock 25,000 $0.5400 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Disposed to Issuer -24,000 -100% 0 22 Nov 2024 Common Stock 24,000 $4.80 Direct F1, F2
transaction XAIR Stock Options (Right to buy) Award +24,000 24,000 22 Nov 2024 Common Stock 24,000 $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.