Form 4: Beyond Air Director Erick Lucera Acquires Stock Options

Director Erick Lucera acquired stock options for 45,000 shares of Beyond Air, Inc. (XAIR) on March 20, 2024.

Summary

• On March 20, 2024, Erick Lucera, a director of Beyond Air, Inc. (XAIR), acquired stock options for 45,000 shares.
• The exercise price of these options is $1.53.
• The options vest in installments, starting with 25% on December 31, 2024, and the remainder in equal annual installments over the next three years.
• The options expire on March 20, 2034.
• Following the transaction, Lucera directly owns options for 45,000 shares.

Sentiment

Score: 5

Explanation: The document itself is neutral, simply reporting a transaction. The sentiment is slightly positive as it reflects a director's increased stake in the company, but it's not a major event.

Positives

• A director's acquisition of stock options can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This is a standard SEC Form 4 filing, reflecting a change in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company director.

Key Dates