Key facts
- This page summarizes John Yogi Spence's Form 4 filing for Montana Technologies Corp. (AIRJ).
- 8 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 21 Oct 2024, 21:36.
John Yogi Spence - 18 Sep 2024 Form 4 Insider Report for Montana Technologies Corp. (AIRJ)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- AIRJ
- Reported as of
- 18 Sep 2024
- Net transaction value
- +$150,000
- SEC form
- 4
- Accepted by SEC
- 21 Oct 2024, 21:36:30 UTC
- Prior SEC filing
- 23 May 2024
- Next SEC filing
- 15 Nov 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ John Yogi Spence
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
John Yogi Spence filed Form 4 for Montana Technologies Corp. (AIRJ) on 21 Oct 2024.
Change
- Previous filing in this sequence was filed on 23 May 2024.
- Current net transaction value: +$150,000.
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.
AIRJ
transaction
Class A Common Stock
Purchase
- Transaction value
- $100,002
- Shares
- +11,765
- Change %
- +24%
- Price
- $8.50
- Shares after
- 61,666
- Date
- 18 Sep 2024
- Ownership
- Direct
AIRJ
transaction
Class A Common Stock
Purchase
- Transaction value
- $49,997
- Shares
- +5,882
- Change %
- +9.5%
- Price
- $8.50
- Shares after
- 67,548
- Date
- 19 Sep 2024
- Ownership
- Direct
AIRJ
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- -3,481,337
- Change %
- -100%
- Price
- $0.000000
- Shares after
- 0
- Date
- 17 Oct 2024
- Ownership
- By XMS XPDI Sponsor II Holdings LLC
- Footnotes
- F1, F5
AIRJ
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +746,694
- Change %
- +1105%
- Price
- $0.000000
- Shares after
- 814,242
- Date
- 17 Oct 2024
- Ownership
- Direct
- Footnotes
- F2, F3
AIRJ
transaction
Class A Common Stock
Other
- Transaction value
- $0
- Shares
- +153,626
- Change %
- Price
- $0.000000
- Shares after
- 153,626
- Date
- 17 Oct 2024
- Ownership
- By XMS Holdings LLC
- Footnotes
- F2, F4, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AIRJ
transaction
Derivative
Private Placement Warrants
Other
- Transaction value
- Shares
- -2,725,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 17 Oct 2024
- Ownership
- By XMS XPDI Sponsor II Holdings LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,725,000
- Exercise price
- $11.50
- Footnotes
- F1, F5
AIRJ
transaction
Derivative
Private Placement Warrants
Other
- Transaction value
- Shares
- +584,470
- Change %
- Price
- Shares after
- 584,470
- Date
- 17 Oct 2024
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 584,470
- Exercise price
- $11.50
- Footnotes
- F2
AIRJ
transaction
Derivative
Private Placement Warrants
Other
- Transaction value
- Shares
- +120,250
- Change %
- Price
- Shares after
- 120,250
- Date
- 17 Oct 2024
- Ownership
- By XMS Holdings LLC
- Underlying class
- Class A Common Stock
- Underlying amount
- 120,250
- Exercise price
- $11.50
- Footnotes
- F2, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
John Yogi Spence is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 6 footnotes
Footnote F1
Reflects a pro-rata distribution in-kind by XMS XPDI Sponsor II Holdings LLC ("XMS XPDI Holdings") to its members for no consideration (the "Distribution").
Footnote F2
Represent securities acquired in the Distribution.
Footnote F3
The reported securities include 163,031 shares subject to vesting pursuant to that certain Sponsor Support Agreement, dated as of June 5, 2023 (the "Sponsor Support Agreement").
Footnote F4
The reported securities include 33,542 shares subject to vesting pursuant to the Sponsor Support Agreement.
Footnote F5
Theodore J. Brombach and John Yogi Spence are the managing members of XMS XPDI Holdings. Accordingly, all of the shares held by XMS XPDI Holdings may be deemed to be beneficially owned by each of the foregoing individuals. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.
Footnote F6
Theodore J. Brombach and John Yogi Spence are each 50% owners and the managing members of XMS Holdings LLC. As a result, all of the shares held by XMS Holdings LLC may be deemed to be beneficially owned by each of the foregoing individuals. Each such person disclaims beneficial ownership of these securities, except to the extent, if any, of their pecuniary interest therein.