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: Abraham Euan (SVP, Hardware & Engineering)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-31	Stock Option (Right to Buy)	$0.4854	A	200875	Acquired	2031-12-22	Common Stock (200875)	Direct
2023-07-31	Stock Option (Right to Buy)	$0.4854	A	100437	Acquired	2031-12-22	Common Stock (100437)	Direct
2023-07-31	Stock Option (Right to Buy)	$0.8588	A	12909	Acquired	2033-06-06	Common Stock (12909)	Direct
2023-07-31	Stock Option (Right to Buy)	$0.8588	A	4795	Acquired	2033-06-06	Common Stock (4795)	Direct

Footnotes

F1: The stock option vested as to 1/4 of the total number of shares on November 1, 2022, and an additional 1/48 of the total number of shares 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.

F2: 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, by and among the Issuer (f/k/a Patricia Acquisition Corp.), Serve Acquisition Corp. and Legacy Serve, in exchange for options to acquire 250,000 shares of Legacy Serve common stock for $0.39 per share. The Merger closed on July 31, 2023 (the "Merger Closing Date").

F3: The stock option vested as to 1/48 of the total number of shares on July 15, 2022, and an additional 1/48 of the total number of shares 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.

F4: Received in connection with the Merger in exchange for options to acquire 125,000 shares of Legacy Serve common stock for $0.39 per share.

F5: The stock option will vest in full on the one-month anniversary of the Merger Closing Date.

F6: Received in connection with the Merger in exchange for options to acquire 16,066 shares of Legacy Serve common stock for $0.69 per share.

F7: 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.

F8: Received in connection with the Merger in exchange for options to acquire 5,968 shares of Legacy Serve common stock for $0.69 per share.