Key facts
- This page summarizes James Buckly Jordan's Form 4 filing for Serve Robotics Inc. /DE/ (SERV).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 22 Apr 2024, 16:31.
James Buckly Jordan - 22 Apr 2024 Form 4 Insider Report for Serve Robotics Inc. /DE/ (SERV)
- Reporting relationship
- Director
- Issuer ticker
- SERV
- Reported as of
- 22 Apr 2024
- Net transaction value
- -$1.1
- SEC form
- 4
- Accepted by SEC
- 22 Apr 2024, 16:31:44 UTC
- Prior SEC filing
- 02 Aug 2023
- Next SEC filing
- 14 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Ali Kashani, as Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
James Buckly Jordan filed Form 4 for Serve Robotics Inc. /DE/ (SERV) on 22 Apr 2024.
Change
- Previous filing in this sequence was filed on 02 Aug 2023.
- Current net transaction value: -$1.1.
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 non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SERV
transaction
Common Stock
Options Exercise
- Transaction value
- $250,555
- Shares
- +64,410
- Change %
- Price
- $3.89*
- Shares after
- 64,410
- Date
- 22 Apr 2024
- Ownership
- Direct
SERV
transaction
Common Stock
Tax liability
- Transaction value
- $250,556
- Shares
- -62,639
- Change %
- -97%
- Price
- $4.00*
- Shares after
- 1,771
- Date
- 22 Apr 2024
- Ownership
- Direct
- Footnotes
- F1
SERV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 659,035
- Date
- 22 Apr 2024
- Ownership
- By Wavemaker Global Select II, LLC
- Footnotes
- F2
SERV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 9,200
- Date
- 22 Apr 2024
- Ownership
- By Future VC, LLC
- Footnotes
- F3
SERV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 77,291
- Date
- 22 Apr 2024
- Ownership
- Match Robotics VC, LLC
- Footnotes
- F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SERV
transaction
Derivative
Warrants (Right to Buy)
Options Exercise
- Transaction value
- Shares
- -64,410
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 22 Apr 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 64,410
- Exercise price
- $3.89
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
The Reporting Person exercised a warrant to purchase 64,410 shares of the Issuer's common stock at an exercise price of $3.89 per share (the "Warrant"). The Reporting Person exercised the Warrant on a cashless basis pursuant to the terms of the Warrant, resulting in the withholding by the Issuer of 62,639 shares and issuing to the Reporting Person the remaining 1,771 shares.
Footnote F2
The Reporting Person is the Managing Partner of Wavemaker Global Select II, LLC and has dispositive power over the shares of common stock held thereby. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Footnote F3
The Reporting Person has voting and dispositive power over the shares held by Future VC, LLC and Match Robotics VC, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Footnote F4
The warrants are immediately exercisable in full.
Footnote F5
Received in connection with the Issuer's merger with Serve Robotics Inc. ("Legacy Serve") in accordance with the terms of the Agreement and Plan of Merger and Reorganization dated as of July 31, 2023, by and among the Issuer (f/k/a Patricia Acquisition Corp.), Serve Acquisition Corp. and Legacy Serve, in exchange for warrants to acquire 80,162 shares of Legacy Serve common stock for $3.12 per share.