Jennifer Gaines - 28 Oct 2024 Form 4 Insider Report for XTI Aerospace, Inc. (XTIA)

Role
Chief Legal Officer
Signature
/s/ Jennifer Gaines
Issuer symbol
XTIA
Transactions as of
28 Oct 2024
Net transactions value
$0
Form type
4
Filing time
31 Oct 2024, 17:12:13 UTC
SEC
View on sec.gov

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 +1,171,875 $0.000000 1,171,875 28 Oct 2024 Common Stock 1,171,875 $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.