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Beyond Air, Inc. — Director's Dealing 2024
Nov 27, 2024
35161_dirs_2024-11-26_dc12855b-68b4-4d39-b30e-6b5884b828e1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Beyond Air, Inc. (XAIR)
CIK: 0001641631
Period of Report: 2024-11-22
Reporting Person: Gaul Michael A. (Chief Operating Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-11-22 | Stock Options (Right to buy) | $1.53 | D | 350000 | Disposed | Common Stock (350000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 350000 | Acquired | Common Stock (350000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $6.28 | D | 170000 | Disposed | Common Stock (170000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 170000 | Acquired | Common Stock (170000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $6.87 | D | 70000 | Disposed | Common Stock (70000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 70000 | Acquired | Common Stock (70000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $5.45 | D | 25000 | Disposed | Common Stock (25000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 25000 | Acquired | Common Stock (25000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $5.32 | D | 10000 | Disposed | Common Stock (10000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 10000 | Acquired | Common Stock (10000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $5.32 | D | 40000 | Disposed | Common Stock (40000) | Direct | |
| 2024-11-22 | Stock Options (Right to buy) | $0.54 | A | 40000 | Acquired | Common Stock (40000) | Direct |
Footnotes
F1: On November 22, 2024, the Issuer's Board of Directors approved an option repricing, effective as of November 22, 2024 (the "Effective Date") reducing the exercise price to $0.54 per share, the closing price of the Issuer's common stock on the Effective Date. All of the other terms of the options remain unchanged.
F2: This stock option award was issued pursuant to the Company's Amended and Restated 2013 Equity Incentive Plan, as amended, (the "|2013 Plan") and becomes exercisable in accordance with the vesting schedule specified in the award agreement and as previously reported on applicable Form-4, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.