0001213900-24-022756.txt : 20240314 0001213900-24-022756.hdr.sgml : 20240314 20240314204432 ACCESSION NUMBER: 0001213900-24-022756 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240312 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hinderberger Michael CENTRAL INDEX KEY: 0002005773 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36404 FILM NUMBER: 24752197 MAIL ADDRESS: STREET 1: C/O XTI AIRCRAFT CO. STREET 2: 7625 S. PEORIA STREET, UNIT D11 CITY: ENGLEWOOD STATE: CO ZIP: 80112 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: XTI Aerospace, Inc. CENTRAL INDEX KEY: 0001529113 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 880434915 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2479 E. BAYSHORE ROAD STREET 2: SUITE 195 CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: (408) 702-2167 MAIL ADDRESS: STREET 1: 2479 E. BAYSHORE ROAD STREET 2: SUITE 195 CITY: PALO ALTO STATE: CA ZIP: 94303 FORMER COMPANY: FORMER CONFORMED NAME: INPIXON DATE OF NAME CHANGE: 20170301 FORMER COMPANY: FORMER CONFORMED NAME: Sysorex Global DATE OF NAME CHANGE: 20160216 FORMER COMPANY: FORMER CONFORMED NAME: Sysorex Global Holdings Corp. DATE OF NAME CHANGE: 20130808 4 1 ownership.xml X0508 4 2024-03-12 0 0001529113 XTI Aerospace, Inc. XTIA 0002005773 Hinderberger Michael C/O XTI AEROSPACE, INC. 8123 INTERPORT BLVD., SUITE C ENGLEWOOD CO 80112 0 1 0 0 CEO, XTI Aircraft Company 0 Option (right to buy) 19.61 2024-03-12 4 A 0 44629 A 2031-08-01 Common Stock 44629 44629 D Option (right to buy) 19.61 2024-03-12 4 A 0 15301 A 2031-12-28 Common Stock 15301 15301 D Option (right to buy) 19.61 2024-03-12 4 A 0 4462 A 2032-03-10 Common Stock 4462 4462 D Option (right to buy) 18.71 2024-03-12 4 A 0 89259 A 2032-07-01 Common Stock 89259 89259 D Option (right to buy) 18.71 2024-03-12 4 A 0 89259 A 2032-07-01 Common Stock 89259 89259 D Received in connection with Inpixon's ("Parent") business combination transaction (the "Merger") with XTI Aircraft Company ("Legacy XTI") in accordance with the terms of the Agreement and Plan of Merger, dated as of July 24, 2023, by and among Parent, Legacy XTI and Superfly Merger Sub Inc. (as amended, the "Merger Agreement"). At the effective time of the Merger (the "Effective Time"), Parent changed its name to XTI Aerospace, Inc. Pursuant to the Merger Agreement, at the Effective Time, each option to purchase Legacy XTI common stock was assumed by Parent and converted into an option to purchase the number of shares of Parent's common stock (rounded down to the nearest whole number) that is equal to the number of shares of Legacy XTI common stock subject to the unexercised portion of such option immediately prior to the Effective Time multiplied by 0.0892598. The per share exercise price for the shares of Parent common stock issuable upon exercise of such option was set to the exercise price per share of such option in effect immediately prior to the Effective Time divided by 0.0892598 (rounded up to the nearest whole cent). 17,852 of these options were exercisable as of the Effective Time. Remaining options will become exercisable based on a 4 year vesting schedule through August 2025. All of these options were exercisable as of the Effective Time. /s/ John Griffo, Attorney-in-fact for Michael Hinderberger 2024-03-14