Airship AI Holdings (AISP) CFO Scott exercised or converted 43,952 shares at $0.57

Insider transactions reported

Mark E Scott (Chief Financial Officer at Airship AI Holdings Inc., AISP) reported that they exercised or converted 43,952 shares at $0.57 on Aug 8, 2025. After these transactions the filing shows 43,952 shares held directly.

Reporting person

Scott Mark E

Role

Chief Financial Officer

Options and other derivatives

Holdings before and after

• Common Stock: 87,904 to 43,952 direct
• Options: 43,952 to 0 direct

Footnotes from the filing

1. 1. Represents options to purchase shares of common stock of the Issuer received on December 21, 2023, pursuant to that certain Merger Agreement, dated as of June 27, 2023 (as amended on September 22, 2023 and as may be further amended and/or restated from time to time, the Merger Agreement ), by and among Airship AI Holdings, Inc., a Delaware corporation (the Issuer ) (formerly known as BYTE Acquisition Corp., a Cayman Island exempted company limited by shares, prior to its domestication as a Delaware corporation), BYTE Merger Sub, Inc., a Washington corporation and a direct, wholly-owned subsidiary of the Issuer, and Airship AI, Inc., a Washington company (formerly known as Airship AI Holdings, Inc., Airship AI ). The Reporting Person received the reported options upon the conversion of options to purchase shares of common stock of Airship AI at the Conversion Ratio, as defined in the Merger Agreement, as of the Effective Time of the Merger.
2. 2. Held by various entities controlled by the Reporting Person. The Reporting Person has voting and dispositive power over the securities held by such entities. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest therein.
3. 3. Pursuant to earnout provisions in the Merger Agreement and subject to the Reporting Person's continued service to the Issuer, the holder of such Earnout Rights is entitled to receive shares of common stock of the Issuer upon the occurrence of certain operating performance and share price performance milestones during the applicable earnout periods set forth in the Merger Agreement.
4. 4. Options vest quarterly over 4 years.

Transaction codes in this filing

Exercise or conversion of a derivative:

Code M marks the exercise or conversion of an option or other derivative under an exempt plan.

FAQ