Kashani Ali's Form 4 filing
Serve Robotics Inc. (SERV) · filed Nov 27, 2024
- Accession no.
- 0000950170-24-131583
- Filed
- Nov 27, 2024
- Trade date
- Nov 25-26, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 1 derivative transaction. Open-market sales total $128.5K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Kashani AliCIK 0001983489 | Director, Officer (Chief Executive Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 25, 2024 | Common Stock | SSaleDisposed | −6,462 | $8.64 | −$55,831.68 | 3,357,738 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −2,500 | $9.17 | −$22,925 | 3,355,238 | Direct | |
| Nov 25, 2024 | Common Stock | MOption exerciseAcquired | +6,861 | $0.94 | +$6,449.34 | 3,362,099 | Direct | |
| Nov 25, 2024 | Common Stock | SSaleDisposed | −757 | $8.58 | −$6,495.06 | 3,361,342 | Direct | |
| Nov 26, 2024 | Common Stock | SSaleDisposed | −5,000 | $8.64 | −$43,200 | 3,356,342 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 25, 2024 | Common Stock | MOption exerciseDisposed | −6,861 | –F5 | – | 12,512 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
Received in connection with the Issuer's merger with Serve Robotics Inc. ("Legacy Serve") in accordance with the terms of the Agreement and Plan of Merger and Reorganization dated as of July 31, 2023, by and among the Issuer (f/k/a Patricia Acquisition Corp.), Serve Acquisition Corp. and Legacy Serve in exchange for options to acquire 24,112 shares of Legacy Serve common stock for $0.76 per share.
Referenced by the price of 1 transaction in Table II.