Stephen S. Pang - Feb 12, 2025 Form 4 Insider Report for AirJoule Technologies Corp. (AIRJ)

Role: Chief Financial Officer
Signature: /s/ Chad W. MacDonald, Attorney-in-fact
Stock symbol: AIRJ
Transactions as of: Feb 12, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/14/2025, 07:50 PM
Previous filing: Sep 11, 2024
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	AIRJ	Restricted Stock Units	Award	$0	+52.7K		$0.00	52.7K	Feb 12, 2025	Class A Common Stock	52.7K		Direct	F1
transaction	AIRJ	Performance Restricted Stock Units	Award	$0	+13.9K		$0.00	13.9K	Feb 12, 2025	Class A Common Stock	13.9K		Direct	F2

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

Explanation of Responses:

Id	Content
F1	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.
F2	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.

Content

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.

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.