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