Company: SRFM
Filing Date: 2025-05-02
Form Type: PRE 14A
Source: 0001140361-25-017136
Chunk: 25

Company: SURF AIR MOBILITY INC.
Filing Date: 2025-05-02
Form: PRE 14A
Chunk 25
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 maintain a minimum holding of company stock with a fair market value equal to two times (2x) their annual base salary; and |

| • | Our executive officers will have five years to reach the minimum holding level. |

As of April 1, 2025, all of our executive officers had either met their stock ownership requirement or had remaining time to do so. Equity Award Grant Practices The Compensation Committee approves all equity award grants, including to our NEOs, on or before the grant date, except to the extent the Compensation Committee or the Board has delegated to management the authority to grant such awards to certain employees. Annual equity awards are typically determined, reviewed and approved at the first Compensation Committee meeting of the fiscal year. On occasion, the Compensation Committee may grant equity awards outside of our annual grant cycle for new hires, promotions, recognition, retention or other purposes. In 2024, the Compensation Committee did not take into account material non-public information when determining the timing or terms of equity awards, nor did we time disclosure of material non-public information for the purpose of affecting the value of executive compensation.During 2024, the Company did grant stock option awards to NEOs during the period beginning four business days before and ending one business day after the filing of a periodic report on Form 10-Q or Form 10-K, or the filing or furnishing of any Company Form 8-K that disclosed any material non-public information (other than a current report on Form 8-K disclosing a material new stock option award under Item 5.02(e) of such Form 8-K). The following information regarding such option grants is provided in accordance with Item 402(x) of Regulation S-K:

| Name          |     |     Grant 
      Date |     |  Number of 
 Securities 
 Underlying 
      Award |     | Exercise 
    Price |     | Grant Date 
 Fair Value |     | Percentage Change       
 in Closing Market       
 Price of the Securities 
 Underlying the          
 Award Between the       
 Trading Day Ending      
 Immediately Prior to    
 the Disclosure of       
 Material Nonpublic      
 Information and the     
 Trading Day Beginning   
 Immediately Following   
 the Disclosure of       
 Material Nonpublic      
 Information             |
| Deanna White  |     | ​4/3/2024 |     |    157,143 |     |    $6.17 |     |   $141,481 |     | (6.4)%                  |
| 6/25/2024     |     |   125,151 |