Filing Details
- Accession Number:
- 0001161697-25-000002
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-02 16:29:38
- Reporting Period:
- 2024-12-31
- Accepted Time:
- 2025-01-02 16:29:38
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1842566 | Airship Ai Holdings Inc. | AISP | () | 4 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1197104 | E Mark Scott | C/O Airship Ai Holdings, Inc. 8210 154Th Ave Ne, Suite 120 Redmond WA 98052 | Chief Financial 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 | 2024-12-31 | 22,000 | $6.25 | 0 | No | 4 | S | Indirect | See footnote |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | See footnote |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Options | $0.57 | 2023-12-21 | 2032-01-15 | 43,952 | 43,952 | Indirect |
Common Stock | Options | $1.64 | 2023-12-21 | 2033-08-06 | 21,952 | 21,952 | Indirect |
Common Stock | Earnout Rights | $0.00 | 19,534 | 19,534 | Indirect | ||
Common Stock | Options | $1.49 | 2024-03-01 | 2034-03-01 | 25,000 | 25,000 | Indirect |
Common Stock | Options | $2.86 | 2034-08-16 | 100,000 | 100,000 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2032-01-15 | 43,952 | 43,952 | Indirect |
2033-08-06 | 21,952 | 21,952 | Indirect |
19,534 | 19,534 | Indirect | |
2034-03-01 | 25,000 | 25,000 | Indirect |
2034-08-16 | 100,000 | 100,000 | Indirect |
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.
- Held by various entities controlled by the Reporting Person. The Reporting Person has voting and dispositive power over the securities held by such entities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
- 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.