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PSSR PASSUR Aerospace Inc (CE)

0.01
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PASSUR Aerospace Inc (CE) USOTC:PSSR OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.00 01:00:00

Annual Statement of Changes in Beneficial Ownership (5)

15/12/2021 9:22pm

Edgar (US Regulatory)


FORM 5
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

                                                                                  
OMB APPROVAL
OMB Number: 3235-0362
Estimated average burden
hours per response...
1.0                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ekert Kurt Joseph
2. Issuer Name and Ticker or Trading Symbol

PASSUR Aerospace, Inc. [pssr]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

C/O PASSUR AEROSPACE, INC.,  ONE LANDMARK SQUARE, SUITE 1905
3. Statement for Issuer's Fiscal Year Ended (MM/DD/YYYY)
10/31/2021 
(Street)

STAMFORD, CT 06901
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed(MM/DD/YYYY)
 
6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form Filed by One Reporting Person
___ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date2A. Deemed Execution Date, if any3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount(A) or (D)Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YYYY)
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned at End of Issuer's Fiscal Year
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (1) 10/22/2021  A 30000     (3) (3)Common Stock 30000 $0.63 (4)30000 D  
Non-Qualified Stock Option (right to buy) (5)$0.63 8/3/2021  A 100000     (6)8/3/2031 Common Stock 100000 $0.63 100000 D  

Explanation of Responses:
(1) On October 22, 2021, the issuer granted to the reporting person an award of restricted stock units pursuant to the issuer's 2019 Stock Incentive Plan, as amended.
(2) Each restricted stock unit represents the right to receive, following vesting, one share of the issuer's Common Stock.
(3) The restricted stock unit award will vest in equal installments over a three-year period (provided that the reporting person continues to provide services to the issuer on the applicable vesting date), with the first installment vesting on October 22, 2022, and the remaining two installments vesting on October 22, 2023 and October 22, 2024.
(4) Fair market value of security at time of grant
(5) On August 3, 2021, the issuer granted to the reporting person a non-qualified stock option pursuant to the issuer's 2019 Stock Incentive Plan, as amended.
(6) The stock option will vest in equal installments over a five-year period (provided that the reporting person continues to provide services to the issuer on the applicable vesting date), with the first installment vesting on February 3, 2023 and the remaining four installments vesting on August 3, 2023, August 3, 2024, August 3, 2025 and August 3, 2026.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Ekert Kurt Joseph
C/O PASSUR AEROSPACE, INC.
ONE LANDMARK SQUARE, SUITE 1905
STAMFORD, CT 06901
X



Signatures
/s/ Kurt Joseph Ekert12/15/2021
**Signature of Reporting PersonDate

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