Company: XAIR
Filing Date: 2025-06-20
Form Type: 10-K
Source: 0001641172-25-015750
Chunk: 659

Company: Beyond Air, Inc.
Filing Date: 2025-06-20
Form: 10-K
Item: Item 1
Chunk 659
---
54

    03/03/2032

    -

    1,363

    03/29/2023

    60,000
    (2)

    60,000

    -

    0.54

    03/29/2033

    -

    16,350

    03/20/2024

    75,000
    (2)

    225,000

    -

    0.54

    03/20/2034

    -

    61,313

    03/26/2025

    -
    (2)

    350,000

    0.29

    03/26/2035

    95,375

    03/03/2022

    -
    (3)

    -

    -

    -

    -

    6,000

    1,635

    (1)
    25%
    options vests immediately, 25% vests December 31, 2018, 25% vests each following December 31.

    (2)
    25%
    options vests in December of the year of grant, 25% vests each following December.

    (3)
    Restricted
    stock units vest 20% per year with the first tranche vesting in December in the year of grant

    (4)
    25%
    options vests on the anniversary date of the grant, 25% each following year on the anniversary date.

    (5)
    Market
    value was calculated based upon the closing stock price on the last trading day of the fiscal year ended March 31, 2025 ($0.2725).

95

Director
Compensation

Persons
serving as both an officer and a director of the Company are only included in the Summary Compensation Table above for the year ended
March 31, 2025.

    Name 
    Fees  earned  or paid  in cash  ($)  
    Stock  awards  ($)  
    Option  awards  ($)  (1) (2)  
    Non-equity  incentive  plan  compensation  ($)  
    Nonqualified  deferred  compensation  earnings  ($)  
    All Other  Compensation  ($)  
    Total  ($) 

    Dr. William Forbes 
     -  
     -  
     17,025  
     -