Sudhin Shahani - 23 Dec 2024 Form 4 Insider Report for SURF AIR MOBILITY INC. (SRFM)

Role: Director
Signature: /s/ Douglas Sugimoto, as attorney-in-fact for Sudhin Shahani
Issuer symbol: SRFM
Transactions as of: 23 Dec 2024
Transactions value $: $59,123
Form type: 4
Filing time: 26 Dec 2024, 19:39:09 UTC
Previous filing: 24 May 2024
Next filing: 27 May 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SRFM	Common Stock	Purchase	$59.1K	+17.2K	+5.02%	$3.43	361K	23 Dec 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.35 to $3.50 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F2	On August 19, 2024, the Issuer effected a 1-for-7 reverse stock split, which is reflected in the Reporting's Person's number of securities beneficially owned reported in this filing.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.35 to $3.50 per share. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

On August 19, 2024, the Issuer effected a 1-for-7 reverse stock split, which is reflected in the Reporting's Person's number of securities beneficially owned reported in this filing.