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SURF AIR MOBILITY INC. Director's Dealing 2023

Jul 28, 2023

33768_dirs_2023-07-27_66bd7ce5-8fe7-447e-88e1-a59ccd27dcf1.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SURF AIR MOBILITY INC. (SRFM)
CIK: 0001936224
Period of Report: 2023-07-25

Reporting Person: Little Robert S. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-25 Common Stock A 280000 Acquired 666740 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 647317 Indirect

Footnotes

F1: Represents performance-based restricted stock units ("PRSUs"). Each PRSU represents a contingent right to receive, upon vesting of the PRSU, one share of the Issuer's common stock. These PRSUs will vest only if (i) the per-share closing price of the Issuer's common stock over a period of ten consecutive trading days within a five-year performance period is greater than 200% of the per-share price of the Issuer's common stock in the first trade that occurs after July 25, 2023, and (ii) the Reporting Person's employment with the Issuer or one of its subsidiaries continues through the date such stock price goal is achieved, subject to certain exceptions.

F2: These shares are held by the Little 2021 Family Trust.