Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 1481

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 4
Chunk 1481
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 following table summarizes
compensation for the years ended March 31, 2025 and 2024 for our “named executive officers”, namely our (i) principal executive
officer (PEO); (ii) our two other most highly compensated executive officers whose total compensation exceeded $100,000 for the fiscal
year ended March 31, 2025; and (iii) up to two additional individuals for whom disclosure would have been provided pursuant to Item
402(m)(2)(ii) of Regulation S-K but for the fact that the individual was not serving as an executive officer of the Company at the end
of the last completed fiscal year:

    Name and Principal
                                                                                                                                                                                      Position 
    Year  
    Salary Cost  
    Option Awards (A)(B)  
    Total 

    Steven A. Lisi 
     2025  
    $555,000  
    $266,140  
    $821,140 
  
    Chief Executive Officer and Chairman of the Board 
     2024  
    $650,000  
    $1,083,000  
    $1,733,000 
  
    Amir Avniel 
     2025  
    $412,664  
    $110,120  
    $522,784 
  
    Former Chief Business Officer/ CEO NeuroNos 
     2024  
    $495,997  
    $456,000  
    $951,997 
  
    Michael Gaul 
     2025  
    $372,669  
    $92,203  
    $464,872 
  
    Chief Operating Officer 
     2024  
    $400,000  
    $399,000  
    $799,000 
  
    Douglas Larson 
     2025  
    $324,423  
    $80,853  
    $405,276 
  
    Chief Financial Officer 
     2024  
    $350,000  
    $342,000  
    $692,000 

    (A)
    This column represents the grant date fair value of awards from Beyond Air, Beyond Cancer and NeuroNos in accordance with stock-based compensation rules under Accounting Standards Codification (“ASC”) Topic 718.

    (B)
    The respective agreements include a change of control provision that would automatically vest any unvested restricted stock units or unvested stock options if