Steve Drucker - Jun 7, 2024 Form 4 Insider Report for Volato Group, Inc. (SOAR)

Role
Chief Technology Officer
Signature
/s/ Jennifer Liotta, by Power of Attorney
Stock symbol
SOAR
Transactions as of
Jun 7, 2024
Transactions value $
$0
Form type
4
Date filed
6/11/2024, 06:45 PM
Previous filing
Apr 19, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SOAR Common Stock Award $0 +23.9K +1194.5% $0.00 25.9K Jun 7, 2024 Direct F1

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 SOAR Performance-Based Restricted Stock Unit Award $0 +42.6K $0.00 42.6K Jun 7, 2024 Common Stock 42.6K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares represent Restricted Stock Units ("RSUs") granted on June 7, 2024. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock. The RSU shall vest 25% of the shares subject to 12 months of continuous employment on the vesting commencement date and 1/48th shall vest subject to continuous employment thereafter.
F2 Each Performance-Based RSU represents a contingent right to receive one share of SOAR common stock. The performance rights vest upon SOAR's common stock achieving a specified price per share.