SEC Form 4 · accession 0000899243-18-022394
REPUBLIC AIRWAYS HOLDINGS INC. · RJET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan G Ornstein
Officer — Chairman and CEO · Director
Period of report
Aug 10, 2018
Accepted (ET)
Aug 14, 2018 · 8:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000810332
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Aug 10, 2018 | A | 255,457 | $0.00 | A | 804,007 | D | |
| Common Stock | holding | — | — | — | 548,550 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Aug 10, 2018 | D | 45,808 | D | — | — | Common Stock | 45,808 | 0 | D |
| Stock Appreciation RightsF2 | $1.60 | Aug 10, 2018 | D | 250,000 | D | — | Jan 20, 2024 | Common Stock | 250,000 | 0 | D |
| Stock Appreciation RightsF3 | $6.80 | Aug 10, 2018 | D | 250,000 | D | — | Jul 20, 2025 | Common Stock | 250,000 | 0 | D |
| Stock Appreciation RightsF4 | $7.10 | Aug 10, 2018 | D | 250,000 | D | — | Jan 18, 2026 | Common Stock | 250,000 | 0 | D |
| Restricted Stock AwardF5 | $0.00 | Aug 10, 2018 | D | 75,000 | D | — | — | Common Stock | 75,000 | 0 | D |
| Restricted Stock AwardF6 | $0.00 | Aug 10, 2018 | D | 57,973 | D | — | — | Common Stock | 57,973 | 0 | D |
| Restricted Stock AwardF7 | $0.00 | Aug 10, 2018 | D | 75,405 | D | — | — | Common Stock | 75,405 | 0 | D |
| Restricted Stock AwardF8 | $0.00 | Aug 10, 2018 | A | 407,654 | A | Jan 21, 2019 | — | Common Stock | 407,654 | 407,654 | D |
Explanation of responses
- F1The restricted stock units under this grant were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F2The stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F3The stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F4The vested stock appreciation rights under this award were cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018. Stock appreciation rights for 83,335 that were unvested were cancelled in exchange for unvested restricted stock under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F5The restricted stock under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan, in a grant dated August 10, 2018.
- F6The restricted stock under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan, in a grant dated August 10, 2018.
- F7The restricted stock units under this grant was cancelled in exchange for shares of restricted common stock issued under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F8A restricted stock award was granted under the 2018 Equity Incentive Plan in a grant dated August 10, 2018, and vests as follows: 43,889 shares on January 21, 2019; 155,106 shares on June 1, 2019; 37,500 shares on July 21, 2019; 97,133 shares on June 1, 2020; 37,500 shares on July 21, 2020; and 36,526 shares on June 1, 2021.