SEC Form 4 · accession 0000899243-18-022414
REPUBLIC AIRWAYS HOLDINGS INC. · RJET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Lotz
Officer — President and CFO
Period of report
Aug 10, 2018
Accepted (ET)
Aug 14, 2018 · 8:36 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 | 89,769 | $0.00 | A | 326,549 | D | |
| Common Stock | holding | — | — | — | 236,780 | 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 | 36,280 | D | — | — | Common Stock | 36,280 | 0 | D |
| Stock Appreciation RightsF2 | $6.80 | Aug 10, 2018 | D | 180,000 | D | — | Jul 20, 2025 | Common Stock | 180,000 | 0 | D |
| Stock Appreciation RightsF3 | $7.10 | Aug 10, 2018 | D | 180,000 | D | — | Jan 18, 2026 | Common Stock | 180,000 | 0 | D |
| Restricted Stock AwardF4 | $0.00 | Aug 10, 2018 | D | 54,000 | D | — | — | Common Stock | 54,000 | 0 | D |
| Restricted Stock AwardF5 | $0.00 | Aug 10, 2018 | D | 45,915 | D | — | — | Common Stock | 45,915 | 0 | D |
| Restricted Stock AwardF6 | $0.00 | Aug 10, 2018 | D | 59,720 | D | — | — | Common Stock | 59,720 | 0 | D |
| Restricted Stock AwardF7 | $0.00 | Aug 10, 2018 | A | 314,303 | A | Jan 21, 2019 | — | Common Stock | 314,303 | 314,303 | 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 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 60,000 that were unvested were cancelled in exchange for unvested restricted stock under the 2018 Equity Incentive Plan in a grant dated August 10, 2018.
- F4The 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.
- 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.
- F7A restricted stock award was granted under the 2018 Equity Incentive Plan in a grant dated August 10, 2018, and vests as follows: 31,600 shares on January 21, 2019; 122,845 shares on June 1, 2019; 27,000 shares on July 21, 2019; 76,930 shares on June 1, 2020; 27,000 shares on July 21, 2020; and 28,928 shares on June 1, 2021.