Joseph DaGrosa Jr. - 31 Dec 2023 Form 5 Insider Report for Global Crossing Airlines Group Inc. (JETMF)

Signature
/s/ Joseph DaGrosa, Jr.
Issuer symbol
JETMF
Transactions as of
31 Dec 2023
Net transactions value
-$1,073,481
Form type
5
Filing time
15 Feb 2024, 13:29:31 UTC
Previous filing
25 Apr 2023
Next filing
26 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JETMF Common Stock Sale $3,250 -2,500 -0.1% $1.30* 2,615,147 10 Jul 2023 Direct F1
transaction JETMF Common Stock Sale $10,578 -8,200 -0.31% $1.29* 2,606,947 14 Jul 2023 Direct F2
transaction JETMF Common Stock Sale $3,240 -3,000 -0.12% $1.08 2,603,947 13 Sep 2023 Direct F3
transaction JETMF Common Stock Sale $5,564 -5,200 -0.2% $1.07 2,598,747 19 Sep 2023 Direct F4
transaction JETMF Common Stock Sale $11,440 -11,000 -0.42% $1.04 2,587,747 20 Sep 2023 Direct F5
transaction JETMF Common Stock Sale $10,506 -10,300 -0.4% $1.02 2,577,447 21 Sep 2023 Direct F6
transaction JETMF Common Stock Sale $13,000 -13,000 -0.5% $1.00 2,564,447 28 Sep 2023 Direct F7
transaction JETMF Common Stock Sale $1,100 -1,000 -0.04% $1.10 2,563,447 29 Sep 2023 Direct
transaction JETMF Common Stock Sale $7,104 -6,400 -0.25% $1.11 2,557,047 02 Oct 2023 Direct F8
transaction JETMF Common Stock Sale $7,597 -7,100 -0.28% $1.07 2,549,947 03 Oct 2023 Direct F9
transaction JETMF Common Stock Sale $16,275 -15,500 -0.61% $1.05 2,534,447 04 Oct 2023 Direct F10
transaction JETMF Common Stock Sale $6,634 -6,200 -0.24% $1.07 2,528,247 05 Oct 2023 Direct F11
transaction JETMF Common Stock Sale $59,590 -59,000 -2.3% $1.01 2,469,247 06 Oct 2023 Direct F12
transaction JETMF Common Stock Sale $20,640 -21,500 -0.87% $0.9600 2,447,747 10 Oct 2023 Direct F13
transaction JETMF Common Stock Sale $27,440 -28,000 -1.1% $0.9800 2,419,747 11 Oct 2023 Direct F14
transaction JETMF Common Stock Sale $1,440 -1,500 -0.06% $0.9600 2,418,247 12 Oct 2023 Direct F15
transaction JETMF Common Stock Sale $12,998 -13,400 -0.55% $0.9700 2,404,847 13 Oct 2023 Direct F16
transaction JETMF Common Stock Sale $12,880 -14,000 -0.58% $0.9200 2,390,847 16 Oct 2023 Direct F17
transaction JETMF Common Stock Sale $14,100 -15,000 -0.63% $0.9400 2,375,847 24 Oct 2023 Direct F18
transaction JETMF Common Stock Sale $970 -1,000 -0.04% $0.9700 2,374,847 06 Nov 2023 Direct
transaction JETMF Common Stock Sale $74,820 -86,000 -3.6% $0.8700 2,288,847 08 Dec 2023 Direct F19
transaction JETMF Common Stock Sale $5,460 -6,500 -0.28% $0.8400 2,282,347 11 Dec 2023 Direct
transaction JETMF Common Stock Sale $8,075 -9,500 -0.42% $0.8500 2,272,847 12 Dec 2023 Direct F20
transaction JETMF Common Stock Sale $860 -1,000 -0.04% $0.8600 2,271,847 13 Dec 2023 Direct
transaction JETMF Common Stock Sale $420 -500 -0.02% $0.8400 2,271,347 14 Dec 2023 Direct
transaction JETMF Common Stock Sale $850 -1,000 -0.04% $0.8500 2,270,347 15 Dec 2023 Direct
transaction JETMF Common Stock Sale $675,000 -1,500,000 -66% $0.4500 770,347 17 Dec 2023 Direct
transaction JETMF Common Stock Sale $4,455 -5,500 -0.71% $0.8100 764,847 18 Dec 2023 Direct F21
transaction JETMF Common Stock Sale $7,380 -9,000 -1.2% $0.8200 755,847 21 Dec 2023 Direct F22
transaction JETMF Common Stock Sale $49,815 -61,500 -8.1% $0.8100 694,347 28 Dec 2023 Direct F23

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding JETMF Warrants to purchase Common Stock 294,805 31 Dec 2023 Common Stock 294,805 $1.00 By Joba Irrevocable Trust F24
holding JETMF Warrants to purchase Common Stock 33,333 31 Dec 2023 Common Stock 33,333 $0.2500 By Joba Irrevocable Trust F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Joseph DaGrosa Jr. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Includes 33,333 shares directly held by Mr. DaGrosa that were not previously reported on Form 4 filed on April 25, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.28 and $1.31, inclusive. The Reporting Person undertakes to provide to Global Crossing Airlines Group Inc. ("Global Crossing"), any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.07 and $1.08, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.07 and $1.08, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.04 and $1.05, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.02 and $1.04, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.99 and $1.01, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.10 and $1.15, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.05 and $1.10, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.02 and $1.10, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.06 and $1.07, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $1.00 and $1.07, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.95 and $1.00, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.97 and $1.00, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.95 and $0.97, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.95 and $1.00, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.92 and $0.93, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.94 and $0.95, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.85 and $0.90, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.84 and $0.85, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.80 and $0.83, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.81 and $0.82, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F23 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.80 and $0.81, inclusive. The Reporting Person undertakes to provide to Global Crossing, any security holder of Global Crossing, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 5.
F24 The Reporting Person is the trustee of Joba Irrevocable Trust (the "Trust"). The Reporting Person has sole voting and dispositive control over the Common Stock and the Warrants held by the Trust.