Patrick Mcnulty - 24 Sep 2024 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Signature
/s/ Patrick McNulty
Issuer symbol
JTAI
Transactions as of
24 Sep 2024
Transactions value $
$0
Form type
4
Filing time
12 Dec 2025, 14:35:34
Previous filing
09 Sep 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MCNULTY PATRICK Chief Operating Officer, Director 10845 GRIFFITH PEAK DRIVE, SUITE 200, LAS VEGAS /s/ Patrick McNulty 12 Dec 2025 0001989241

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 Stock Option (Right to Buy) Award $0 +399 $0.00 399 24 Sep 2024 Common Stock, par value $0.0001 per share 399 $24.35 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise price, number of derivative securities, and number of underlying shares of common stock, par value $0.0001 per share ("Common Stock"), of Jet.AI Inc. (the "Issuer") reported for this option reflect the 1-for-225 reverse stock split of the Issuer's Common Stock that became effective on November 12, 2024.
F2 At the recommendation of the Issuer's Compensation Committee, the Issuer's Board of Directors approved this option grant on December 26, 2023, subject to stockholder approval of an amendment to the omnibus incentive plan under which the option was granted. The Issuer's stockholders approved such amendment on September 24, 2024.
F3 This option vests monthly in equal installments beginning on January 26, 2024.