MCNULTY PATRICK bought JTAI
September 24, 2024 · Form 4 insider transaction
MCNULTY PATRICK bought 399 shares of Jet.AI Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 444 days after the transaction.
Footnotes
The exercise price, number of derivative securities, and number of underlying shares of common stock, par value $0.0001 per share ("Common Stock"), of Jet.AI Inc. (the "Issuer") reported for this option reflect the 1-for-225 reverse stock split of the Issuer's Common Stock that became effective on November 12, 2024.; At the recommendation of the Issuer's Compensation Committee, the Issuer's Board of Directors approved this option grant on December 26, 2023, subject to stockholder approval of an amendment to the omnibus incentive plan under which the option was granted. The Issuer's stockholders approved such amendment on September 24, 2024.; This option vests monthly in equal installments beginning on January 26, 2024.