Ehud Talmor - Aug 10, 2023 Form 4 Insider Report for Jet.AI Inc. (JTAI)

Role
Director
Signature
/S/ EHUD TALMOR
Stock symbol
JTAI
Transactions as of
Aug 10, 2023
Transactions value $
$0
Form type
4
Date filed
8/23/2023, 12:50 PM

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 JTAI STOCK OPTION (RIGHT TO BUY) Award +18K 18K Aug 10, 2023 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 18K $4.17 Direct F1
transaction JTAI STOCK OPTION (RIGHT TO BUY) Award +54K 54K Aug 10, 2023 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 54K $4.17 Direct F1
transaction JTAI STOCK OPTION (RIGHT TO BUY) Award +72K 72K Aug 10, 2023 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 72K $4.17 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in connection with Oxbridge Acquisition Corp.'s business combination transaction with Jet Token Inc. in accordance with the terms of the Business Combination Agreement and Plan of Reorganization, dated February 24, 2023, as amended by Amendment No. 1 to the Business Combination Agreement, dated May 11, 2023, by and among Oxbridge Acquisition Corp., OXAC Merger Sub I, Inc., Summerlin Aviation LLC, and Jet Token Inc.