Company: SRFM
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0000950170-25-043326
Chunk: 379

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 9A
Chunk 379
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    $
    28,875
     
    $
    80,519
     
    $
    -

    $
    -
     
    $
    109,394

    Bruce Hack
    $
    21,875
     
    $
    80,519
     
    $
    12,856

    (5
    )
    $
    -
     
    $
    115,245

    Ed Mady
    $
    21,000
     
    $
    80,519
     
    $
    -

    $
    -
     
    $
    101,519

    Tyler Painter
    $
    17,500
     
    $
    80,519
     
    $
    -

    $
    -
     
    $
    98,019

    Sudhin Shahani (2)
    $
    -
     
    $
    -
     
    $
    820,298

    (6
    )
    $
    714,795
     
    $
    1,535,087

(1)	Amounts shown in these columns represent the aggregate grant date fair value (calculated in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 718 “Compensation – Stock Compensation”) of stock awards and stock options granted during the year. A description of the methodologies and assumptions we use to value equity awards and the manner in which we recognize the related expense are described in Note 18 to our consolidated financial statements. These amounts may not correspond to the actual value eventually realized by each director because the value depends on the market value of our common stock at the time the award vests or is exercised.

(2).	Represents amounts paid to Mr. Shahani while still an employee of the Company and for services performed as a non-employee consultant of the Company.

(3)	Mr. Albert was granted a stock option award of  172,340 shares on June 25, 2024, of which 25% of these stock options were vested as of the grant date of June 25, 2024, with the remaining 75% vesting over a three-year period thereafter.

(4)	As part of a separate consulting agreement, Mr. Anderman was granted warrants to purchase up to 142,857 shares of common stock.

(5)	Mr. Hack was granted a stock option award of  14,286 shares on June