PATRICK C. EILERS - 12 Feb 2025 Form 4 Insider Report for AirJoule Technologies Corp. (AIRJ)

Signature
/s/ Chad W. MacDonald, Attorney-in-fact
Issuer symbol
AIRJ
Transactions as of
12 Feb 2025
Net transactions value
$0
Form type
4
Filing time
14 Feb 2025, 19:49:42 UTC
Previous filing
18 Sep 2024
Next filing
10 Jun 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AIRJ Class A Common Stock 1,779,276 12 Feb 2025 Direct F1
holding AIRJ Class A Common Stock 1,366,616 12 Feb 2025 By: Patrick C. Eilers Revocable Trust F2
holding AIRJ Class A Common Stock 1,366,616 12 Feb 2025 By: Eilers Dynasty Trust F3

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 AIRJ Restricted Stock Units Award $0 +37,669 $0.000000 37,669 12 Feb 2025 Class A Common Stock 37,669 Direct F4
transaction AIRJ Performance Restricted Stock Units Award $0 +368,112 $0.000000 368,112 12 Feb 2025 Class A Common Stock 368,112 Direct F5
holding AIRJ Warrants 1,069,711 12 Feb 2025 Class A Common Stock 1,069,711 $11.50 By: Patrick C. Eilers Revocable Trust F2
holding AIRJ Warrants 1,069,712 12 Feb 2025 Class A Common Stock 1,069,712 $11.50 By: Eilers Dynasty Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 132,059 shares of Class A Common Stock acquired in pro rata distribution in-kind by XPDI Sponsor II LLC to its members for no consideration.
F2 Represents securities acquired in a pro rata distribution in-kind by TEP XPDI Holdco II, LLC ("TEP Holdco") to its members for no consideration (the "TEP Distribution"). The reported securities include 298,382 shares subject to vesting pursuant to that certain Sponsor Support Agreement, dated as of June 5, 2023 (the "Sponsor Support Agreement").
F3 Represents securities acquired in the TEP Distribution. The reported securities include 298,382 shares subject to vesting pursuant to the Sponsor Support Agreement.
F4 The restricted stock units vest in three equal annual installments beginning on March 1, 2026. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F5 The performance restricted stock units are eligible to cliff vest following the conclusion of the three-year performance period ending December 31, 2027. Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock based on the Issuer's average closing stock price over the final 120 trading days of the performance period achieving certain price thresholds. The amount reported herein represents the target amount under the award.