0001989241-23-000002.txt : 20230823 0001989241-23-000002.hdr.sgml : 20230823 20230823113121 ACCESSION NUMBER: 0001989241-23-000002 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: MCNULTY PATRICK CENTRAL INDEX KEY: 0001989241 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40725 FILM NUMBER: 231195869 MAIL ADDRESS: STREET 1: 10845 GRIFFITH PEAK DRIVE STREET 2: SUITE 200 CITY: LAS VEGAS STATE: NV ZIP: 89135 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 0001989241 MCNULTY PATRICK 10845 GRIFFITH PEAK DRIVE SUITE 200 LAS VEGAS NV 89135 0 1 0 0 CHIEF OPERATING OFFICER 0 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 2023-08-10 4 A 0 4 A 4 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 3095 A 2023-08-10 2031-08-02 COMMON STOCK PAR VALUE $0.0001 PER SHARE 3095 3095 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 12378 A 2031-07-01 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 12378 12378 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 15473 A 2023-08-10 2031-07-01 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 15473 15473 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 30945 A 2031-10-31 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 30945 30945 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 30945 A 2032-01-05 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 30945 30945 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 3961 A 2023-08-10 2032-03-01 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 3961 3961 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 7736 A 2023-08-10 2032-08-31 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 7736 7736 D STOCK OPTION (RIGHT TO BUY) 10.42 2023-08-10 4 A 0 15473 A 2023-08-10 2032-09-30 COMMON STOCK, PAR VALUE $0.0001 PER SHARE 15473 15473 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. 8,940 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service. 18,911 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the first day of each month, subject to the Reporting Person's continued service. 17,192 shares were vested as of August 10, 2023, and the remaining shares will vest in as nearly equal as possible monthly installments on the fifth day of each month, subject to the Reporting Person's continued service. /S/ PATRICK MCNULTY 2023-08-23