Company: SRFM
Filing Date: 2025-03-21
Form Type: 10-K
Source: 0000950170-25-043326
Chunk: 7

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-03-21
Form: 10-K
Item: Item 11
Chunk 7
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Our named executive officers (“NEOs”), for 2024, are:

•Deanna White, our Chief Executive Officer, or CEO, and Chief Operating Officer;

•Oliver Reeves, our Chief Financial Officer;

•Stan Little, our former Chief Executive Officer and former member of our Board.

Summary Compensation Table

The following table sets forth for each of the NEOs, as applicable: (i) the dollar value of base salary and bonus earned during the years ended December 31, 2024 and 2023; (ii) the aggregate grant date fair value of stock and option awards granted during 2024 and 2023, computed in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718 (R); (iii) all other compensation for 2024 and 2023; and, finally, (iv) the dollar value of total compensation for 2024 and 2023.

    Name and Principal Position
    Year
     
    Salary ($)
     
    Bonus ($)
     
    Stock Awards ($)(1)

    Option Awards ($)(1)

    All Other Compensation ($)
     
    Total ($)

    Deanna White,
     
    2024
     
    $
    650,000
     
    $
    -
     
    $
    -

    $
    324,084

    (3
    )
    $
    10,562
     
    $
    984,646

    Chief Executive Officer and Chief Operating Officer
     
    2023
     
    $
    579,723
     
    $
    545,834
     
    $
    -

    $
    -

    $
    39,223
     
    $
    1,164,780

    Oliver Reeves, Chief Financial Officer (started 1/1/2024)
     
    2024
     
    $
    650,000
     
    $
    -
     
    $
    66,001

    (2
    )
    $
    1,254,000

    (4
    )
    $
    27,015
     
    $
    1,997,016

    Stan Little,
     
    2024
     
    $
    718,750
     
    $
    -
     
    $
    -

    $
    -

    $
    -
     
    $