Company: SRFM
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0000950170-25-043326
Chunk: 370

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 9A
Chunk 370
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. and 157,143 shares on June 25, 2024.

4.Mr. Reeves was granted stock option awards of 257,143 shares on January 8, 2024 and 107,143 shares on April 3, 2024 that were contingent on stockholder approval of an increase in shares under our equity plan, which was received on June 25, 2024.

For a description of the material terms of employment agreements with our named executive officers, see “Employment Agreements” below.

124

Outstanding Equity Awards at 2024 Fiscal Year-End

The following table sets forth information on outstanding option and stock awards held by the named executive officers at December 31, 2024, including the number of shares underlying both exercisable and unexercisable portions of each stock option as well as the exercise price and expiration date of each outstanding option.

    Option Awards
     
    Stock Awards

    Name
    Number of Securities Underlying Unexercised Options Exercisable

    Number of Securities Underlying Unexercised Options Unexercisable
     
    Equity Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options
     
    OptionExercisePrice
     
    OptionExpirationDate
     
    Number of Shares or Units of Stock That Have Not Vested
     
    Market Value of Shares or Units of Stock That Have Not Vested ($)
     
    Equity Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested

    Equity Incentive Plan Awards: Market or Payout Value of Unearned Shares, Units or Other Rights That Have Not Vested ($)

    Deanna White
     
    41,925

    -

    -
     
    $
    3.68
     
    3/1/2032

    -

    -

    -

    -

    40,761

    (1
    )
     
    1,164

    -
     
    $
    40.08
     
    11/12/2032

    -

    -

    -

    -

    39,286

    (2
    )
     
    117,857

    -
     
    $
    6.17
     
    4/3/2034

    -

    -

    -

    -

    31,289

    (4