Key facts
- This page summarizes Michael Hinderberger's Form 4 filing for XTI Aerospace, Inc. (XTIA).
- 5 reported transactions and 5 derivative rows are listed below.
- Accepted by SEC: 14 Mar 2024, 20:44.
Michael Hinderberger - 12 Mar 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)
- Reporting relationship
- CEO, XTI Aircraft Company
- Issuer ticker
- XTIA
- Reported as of
- 12 Mar 2024
- Net transaction value
- $0
- Reporting owner signature
- /s/ John Griffo, Attorney-in-fact for Michael Hinderberger
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Michael Hinderberger filed Form 4 for XTI Aerospace, Inc. (XTIA) on 14 Mar 2024.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
XTIA
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- Shares
- +44,629
- Change %
- Price
- Shares after
- 44,629
- Date
- 12 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 44,629
- Exercise price
- $19.61
- Footnotes
- F1, F2, F3
XTIA
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- Shares
- +15,301
- Change %
- Price
- Shares after
- 15,301
- Date
- 12 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 15,301
- Exercise price
- $19.61
- Footnotes
- F1, F2, F4
XTIA
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- Shares
- +4,462
- Change %
- Price
- Shares after
- 4,462
- Date
- 12 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,462
- Exercise price
- $19.61
- Footnotes
- F1, F2, F4
XTIA
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- Shares
- +89,259
- Change %
- Price
- Shares after
- 89,259
- Date
- 12 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 89,259
- Exercise price
- $18.71
- Footnotes
- F1, F2, F4
XTIA
transaction
Derivative
Option (right to buy)
Award
- Transaction value
- Shares
- +89,259
- Change %
- Price
- Shares after
- 89,259
- Date
- 12 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 89,259
- Exercise price
- $18.71
- Footnotes
- F1, F2, F4
* 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 Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Parent, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). At the effective time of the Merger (the "Effective Time"), Parent changed its name to XTI Aerospace, Inc.
Footnote F2
Pursuant to the Merger Agreement, at the Effective Time, each option to purchase Legacy XTI common stock was assumed by Parent and converted into an option to purchase the number of shares of Parent's common stock (rounded down to the nearest whole number) that is equal to the number of shares of Legacy XTI common stock subject to the unexercised portion of such option immediately prior to the Effective Time multiplied by 0.0892598. The per share exercise price for the shares of Parent common stock issuable upon exercise of such option was set to the exercise price per share of such option in effect immediately prior to the Effective Time divided by 0.0892598 (rounded up to the nearest whole cent).
Footnote F3
17,852 of these options were exercisable as of the Effective Time. Remaining options will become exercisable based on a 4 year vesting schedule through August 2025.
Footnote F4
All of these options were exercisable as of the Effective Time.