0001060584-23-000003.txt : 20230823
0001060584-23-000003.hdr.sgml : 20230823
20230823102422
ACCESSION NUMBER: 0001060584-23-000003
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230810
FILED AS OF DATE: 20230823
DATE AS OF CHANGE: 20230823
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MURNANE GEORGE III
CENTRAL INDEX KEY: 0001060584
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40725
FILM NUMBER: 231195634
MAIL ADDRESS:
STREET 1: 1945 AIRPORT ROAD SUIRE 200
CITY: ATLANTA
STATE: GA
ZIP: 30341
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Jet.AI Inc.
CENTRAL INDEX KEY: 0001861622
STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, NONSCHEDULED [4522]
IRS NUMBER: 000000000
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: SUITE 201, 42 EDWARD STREET
CITY: GEORGE TOWN, GRAND CAYMAN
STATE: E9
ZIP: KY1-9006
BUSINESS PHONE: 1-345-749-7570
MAIL ADDRESS:
STREET 1: SUITE 201, 42 EDWARD STREET
CITY: GEORGE TOWN, GRAND CAYMAN
STATE: E9
ZIP: KY1-9006
FORMER COMPANY:
FORMER CONFORMED NAME: Oxbridge Acquisition Corp.
DATE OF NAME CHANGE: 20210511
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0508
4
2023-08-10
0
0001861622
Jet.AI Inc.
JTAI
0001060584
MURNANE GEORGE III
10845 GRIFFITH PEAK DRIVE
SUITE 200
LAS VEGAS
NV
89135
1
1
1
0
INTERIM CFO
0
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
2023-08-10
4
A
0
4
A
4
D
STOCK OPTION (RIGHT TO BUY)
0.83
2023-08-10
4
A
0
194400
A
2023-08-10
2029-09-23
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
194400
194400
D
STOCK OPTION (RIGHT TO BUY)
0.83
2023-08-10
4
A
0
194400
A
2023-08-10
2029-09-23
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
194400
194400
D
STOCK OPTION (RIGHT TO BUY)
4.17
2023-08-10
4
A
0
388800
A
2030-12-31
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
388800
388800
D
STOCK OPTION (RIGHT TO BUY)
10.42
2023-08-10
4
A
0
371343
A
2031-07-30
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
371343
371343
D
STOCK OPTION (RIGHT TO BUY)
10.42
2023-08-10
4
A
0
30945
A
2032-03-16
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
30945
30945
D
MERGER CONSIDERATION WARRANT (RIGHT TO BUY)
15
2023-08-10
4
A
0
6
A
2023-08-10
2033-08-10
COMMON STOCK, PAR VALUE $0.0001 PER SHARE
6
6
D
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.
356,400 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the last day of each month, subject to the Reporting Person's continued service.
268,192 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the thirtieth day of each month, subject to the Reporting Person's continued service.
15,473 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the sixteenth day of each month, subject to the Reporting Person's continued service.
/S/ GEORGE MURNANE
2023-08-23