Lee Stewart Murray bought HOVR
January 12, 2024 · Form 4 insider transaction
Lee Stewart Murray bought 35,455 shares of New Horizon Aircraft Ltd. 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 12 days after the transaction.
Direction
Acquired (buy-side)
Shares
35,455
Price
$0.00
Total value
N/A
InsiderLee Stewart Murray
RoleOfficer
SecurityEmployee Stock Option (Right to Buy)
Transaction codeA: Grant or award
Transaction dateJanuary 12, 2024
Filing dateJanuary 24, 2024
Shares owned after35,455
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Converted from Canadian exercise price of C$0.91 using an exchange rate of C$1.3387 = US$1.00.; Received in the Amalgamation in exchange for an existing option to acquire 42,000 shares of Horizon for C$0.76 per share. The options were originally issued on August 2, 2022, with a three-year vesting period (33% vesting annually).