Home > Insider Trading > Filing (0001161697-24-000511)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1842566	Airship Ai Holdings Inc.	AISP	Services-Prepackaged Software (7372)	934974766

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
2004300	Yanda Ma	C/O Airship Ai Holdings, Inc. 8210 154Th Ave Ne Redmond WA 98052	Chief Technology Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-12-11	30,000	$3.39	60,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Options	$0.12	2023-12-21	2032-01-15	677,698	677,698	Direct
Common Stock	Earnout Rights	$0.00			177,266	177,266	Direct
Common Stock	Options	$2.86		2034-08-16	75,000	75,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2032-01-15	677,698	677,698	Direct
	177,266	177,266	Direct
2034-08-16	75,000	75,000	Direct

Footnotes

Represents options to purchase shares of common stock of the Issuer received on December 21, 2023, pursuant to that certain Merger Agreement, dated as of June 27, 2023 (as amended on September 22, 2023 and as may be further amended and/or restated from time to time, the "Merger Agreement"), by and among Airship AI Holdings, Inc., a Delaware corporation (the "Issuer") (formerly known as BYTE Acquisition Corp., a Cayman Island exempted company limited by shares, prior to its domestication as a Delaware corporation), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of the Issuer, and Airship AI, Inc., a Washington company (formerly known as Airship AI Holdings, Inc., "Airship AI"). The Reporting Person received the reported options upon the conversion of options to purchase shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger.
Pursuant to earnout provisions in the Merger Agreement and subject to the Reporting Person's continued service to the Issuer, the holder of such Earnout Rights is entitled to receive shares of common stock of the Issuer upon the occurrence of certain operating performance and share price performance milestones during the applicable earnout periods set forth in the Merger Agreement.
Options vest quarterly over 4 years.