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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
11 Jun 2024, 18:48:02 UTC
Prior SEC filing
10 Jun 2024
Next SEC filing
09 May 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jennifer Liotta, by Power of Attorney

Key filing fact

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

Key facts

  • This page summarizes Mark Heinen'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, 18:48.

Change

  • Previous filing in this sequence was filed on 10 Jun 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
+139,463
Change %
+1641%
Price
$0.000000
Shares after
147,963
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
+47,840
Change %
Price
$0.000000
Shares after
47,840
Date
07 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
47,840
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. 123,038 RSU's 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. 16,425 RSU's shall vest 25% of the shares subject to 12 months of continuous employment 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.

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