Serve Robotics Inc. /DE/ — Director's Dealing 2023

Aug 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Patricia Acquisition Corp. (NONE)
CIK: 0001832483
Period of Report: 2023-07-31

Reporting Person: Parang Touraj (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-31	Common Stock	A	794709	—	Acquired	794709	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-31	Stock Option (Right to Buy)	$0.8588	A	11403	Acquired	2033-06-06	Common Stock (11403)	Direct
2023-07-31	Stock Option (Right to Buy)	$0.8588	A	8451	Acquired	2033-06-06	Common Stock (8451)	Direct

Footnotes

F1: Received in connection with the Issuer's merger (the "Merger") with Serve Robotics Inc. ("Legacy Serve") in accordance with the terms of the Agreement and Plan of Merger and Reorganization dated as of July 31, 2023 (the "Merger Agreement"), by and among the Issuer (f/k/a Patricia Acquisition Corp.), Serve Acquisition Corp. and Legacy Serve. Pursuant to the terms of the Merger Agreement, each outstanding share of Legacy Serve capital stock was entitled to receive 0.80350 shares of Common Stock. The Merger closed on July 31, 2023 (the "Merger Closing Date").

F2: The stock option will vest in full on the one-month anniversary of the Merger Closing Date.

F3: Received in connection with the Merger in exchange for options to acquire 14,192 shares of Legacy Serve common stock for $0.69 per share.

F4: The stock option vested as to 1/48 of the total number of shares on July 1, 2023, and an additional 1/48 of the total number of shares will vest on each monthly anniversary thereafter, until such time as the stock option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.

F5: Received in connection with the Merger in exchange for options to acquire 10,518 shares of Legacy Serve common stock for $0.69 per share.