Steve Drucker - 07 Jun 2024 Form 4 Insider Report for Volato Group, Inc. (SOAR)

Reporting relationship: Chief Technology Officer
Issuer ticker: SOAR
Reported as of: 07 Jun 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Jun 2024, 18:45:22 UTC
Prior SEC filing: 19 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Jennifer Liotta, by Power of Attorney

Key filing fact

Steve Drucker filed Form 4 for Volato Group, Inc. (SOAR) on 11 Jun 2024.

Key facts

This page summarizes Steve Drucker's Form 4 filing for Volato Group, Inc. (SOAR).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 11 Jun 2024, 18:45.

Change

Previous filing in this sequence was filed on 19 Apr 2024.
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.

SOAR transaction

Common Stock

Award

Transaction value: $0
Shares: +23,890
Change %: +1194%
Price: $0.000000
Shares after: 25,890
Date: 07 Jun 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

SOAR transaction Derivative

Performance-Based Restricted Stock Unit

Award

Transaction value: $0
Shares: +42,630
Change %
Price: $0.000000
Shares after: 42,630
Date: 07 Jun 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 42,630
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The shares represent Restricted Stock Units ("RSUs") granted on June 7, 2024. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSU shall vest 25% of the shares subject to 12 months of continuous employment on the vesting commencement date and 1/48th shall vest subject to continuous employment thereafter.

Footnote F2

Each Performance-Based RSU represents a contingent right to receive one share of SOAR common stock. The performance rights vest upon SOAR's common stock achieving a specified price per share.