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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."}],"balance_after":737698,"derivative":{"exercise_price":0.12,"exercise_date":"2023-12-21","expiration_date":"2032-01-15","underlying":"Common Stock","underlying_shares":60000},"source":{"system":"sec-edgar","filing":"0001161697-24-000270","document":"form_4.xml","document_sequence":1,"table":"derivative","row_type":"transaction","position":2,"url":"https://www.sec.gov/Archives/edgar/data/2004300/000116169724000270/form_4.xml","form_type":"4"}}],"next_cursor":"2024-06-24T20:21:29.000000Z,1470963"}