Patrick McNulty - 10 Aug 2023 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
23 Aug 2023, 11:31:21 UTC
Next SEC filing
28 Sep 2023
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 23 Aug 2023.

Key facts

  • This page summarizes Patrick McNulty's Form 4 filing for Jet.AI Inc. (JTAI).
  • 10 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 23 Aug 2023, 11:31.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • 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 PER SHARE

Award

Transaction value
Shares
+4
Change %
Price
Shares after
4
Date
10 Aug 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

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

JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+3,095
Change %
Price
Shares after
3,095
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK PAR VALUE $0.0001 PER SHARE
Underlying amount
3,095
Exercise price
$10.42
Footnotes
F1
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+12,378
Change %
Price
Shares after
12,378
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
12,378
Exercise price
$10.42
Footnotes
F1, F2
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+15,473
Change %
Price
Shares after
15,473
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
15,473
Exercise price
$10.42
Footnotes
F1
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+30,945
Change %
Price
Shares after
30,945
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
30,945
Exercise price
$10.42
Footnotes
F1, F3
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+30,945
Change %
Price
Shares after
30,945
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
30,945
Exercise price
$10.42
Footnotes
F1, F4
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+3,961
Change %
Price
Shares after
3,961
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
3,961
Exercise price
$10.42
Footnotes
F1
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+7,736
Change %
Price
Shares after
7,736
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
7,736
Exercise price
$10.42
Footnotes
F1
JTAI transaction Derivative

STOCK OPTION (RIGHT TO BUY)

Award

Transaction value
Shares
+15,473
Change %
Price
Shares after
15,473
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
15,473
Exercise price
$10.42
Footnotes
F1
JTAI transaction Derivative

MERGER CONSIDERATION WARRANT (RIGHT TO BUY)

Award

Transaction value
Shares
+6
Change %
Price
Shares after
6
Date
10 Aug 2023
Ownership
Direct
Underlying class
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
Underlying amount
6
Exercise price
$15.00
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 4 footnotes

Footnote F1

Received in connection with Oxbridge Acquisition Corp.'s business combination transaction with Jet Token Inc. in accordance with the terms of the Business Combination Agreement and Plan of Reorganization, dated February 24, 2023, as amended by Amendment No. 1 to the Business Combination Agreement, dated May 11, 2023, by and among Oxbridge Acquisition Corp., OXAC Merger Sub I, Inc., Summerlin Aviation LLC, and Jet Token Inc.

Footnote F2

8,940 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service.

Footnote F3

18,911 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service.

Footnote F4

17,192 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the fifth day of each month, subject to the Reporting Person's continued service.

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