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Beyond Air, Inc. — Director's Dealing 2022
Jul 12, 2022
35161_dirs_2022-07-11_35a53317-b9b6-42fb-a86d-69921e3e669b.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Beyond Air, Inc. (XAIR)
CIK: 0001641631
Period of Report: 2022-07-01
Reporting Person: Gaul Michael A. (Chief Operating Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 62150 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $5.32 | 2030-03-10 | Common Stock (40000) | Direct | |
| Stock Option (right to buy) | $5.32 | 2030-05-03 | Common Stock (10000) | Direct | |
| Stock Option (right to buy) | $5.45 | 2031-03-03 | Common Stock (25000) | Direct | |
| Stock Option (right to buy) | $6.87 | 2032-03-02 | Common Stock (70000) | Direct |
Footnotes
F1: Includes: (i) restricted stock units ("RSUs") granted on October 5, 2021 to acquire 12,500 shares of common stock of Beyond Air, Inc. (the "Issuer"), of which 2,500 shares vested on December 23, 2021, with the remainder vesting in equal annual installments on December 23 of each of the four ensuing years thereafter until vested in full, and (ii) RSUs granted on March 2, 2022 to acquire 30,000 shares of common stock of the Issuer that vest as to 20% of the shares of common stock underlying the RSUs on December 15, 2022, with the remainder vesting in equal annual installments on December 15 of each of the four ensuing years thereafter until vested in full, in each case subject to the reporting person's continued service with the Issuer. Each RSU represents the right to receive one share of common stock of the Issuer.
F2: The option vested as to 25% of the shares of common stock underlying the option on each of December 31, 2020 and December 31, 2021, with the remainder vesting in equal annual installments on December 31 of each of the two ensuing years thereafter until vested in full.
F3: The option vested as to 25% of the shares of common stock underlying the option on each of May 4, 2021 and May 4, 2022, with the remainder vesting in equal annual installments on May 4 of each of the two ensuing years thereafter until vested in full.
F4: The option vested as to 25% of the shares of common stock underlying the option on December 31, 2021, with the remainder vesting in equal annual installments on December 31 of each of the three ensuing years thereafter until vested in full.
F5: The option will vest as to 25% of the shares of common stock underlying the option on December 31, 2022, with the remainder vesting in equal annual installments on December 31 of each of the three ensuing years thereafter until vested in full.