0000899243-23-009134.txt : 20230320 0000899243-23-009134.hdr.sgml : 20230320 20230320182830 ACCESSION NUMBER: 0000899243-23-009134 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230313 FILED AS OF DATE: 20230320 DATE AS OF CHANGE: 20230320 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: WEGEL EDWARD J CENTRAL INDEX KEY: 0001415431 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-56409 FILM NUMBER: 23747432 MAIL ADDRESS: STREET 1: 1 GORHAM ISLAND CITY: WESTPORT STATE: CT ZIP: 06880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Global Crossing Airlines Group Inc. CENTRAL INDEX KEY: 0001846084 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 981350261 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4200 NW 36TH STREET, BUILDING 5A STREET 2: MIAMI INT'L AIRPORT, 4TH FLOOR CITY: MIAMI STATE: FL ZIP: 33166 BUSINESS PHONE: 7867518503 MAIL ADDRESS: STREET 1: 4200 NW 36TH STREET, BUILDING 5A STREET 2: MIAMI INT'L AIRPORT, 4TH FLOOR CITY: MIAMI STATE: FL ZIP: 33166 4 1 doc4.xml FORM 4 SUBMISSION X0407 4 2023-03-13 0 0001846084 Global Crossing Airlines Group Inc. JETMF 0001415431 WEGEL EDWARD J 4200 NW 36TH ST, BLDG. 5A 4TH FLOOR MIAMI FL 33166 1 1 1 0 Chief Executive Officer 0 Common Stock 2023-03-13 4 A 0 3500 1.0073 A 3500 D Common Stock 2023-03-20 4 A 0 12500 1.0605 A 12500 D Common Stock 5321910 D Common Stock 508750 I By Spouse Class B Non-Voting Common Stock 11900 D Options to Purchase Common Stock 0.25 2023-03-16 2025-06-23 Common Stock 107344 107344 D Restricted Stock Units 2025-12-08 Common Stock 262500 0 D Restricted Stock Units 2025-12-08 Common Stock 325000 0 D The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.0039 to $1.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.05 to $1.0644, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. All of the options are currently vested and exercisable. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer common stock pursuant to the issuer's Restricted Share Unit Plan. This award of RSUs was granted on March 16, 2023. Shares of common stock subject to this award are subject to service-based vesting conditions and vest in equal annual installments on each of March 16, 2024, March 16, 2025 and March 16, 2026, subject to continued service through such vesting date. Vest as follows: 250,000 of such RSUs vest on June 23, 2023 and the remainder will vest on November 23, 2023. /s/ Martin Schrier as attorney-in-fact for Edward J. Wegel 2023-03-20