Soumya Das - 12 Jun 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Signature
/s/ Soumya Das
Issuer symbol
XTIA
Transactions as of
12 Jun 2024
Net transactions value
$0
Form type
4
Filing time
14 Jun 2024, 18:23:54 UTC
Previous filing
14 Mar 2024
Next filing
08 Sep 2025

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
transaction XTIA Stock Option (Right to Buy Common Stock) Award $0 +975,000 $0.000000 975,000 12 Jun 2024 Common Stock 975,000 $0.4730 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vest 1/3rd annually over three years starting from the grant date.
F2 The stock options are granted under the Issuer's 2018 Employee Stock Incentive Plan, as amended from time to time.