SEC Info - O’Neill Allison - ‘3’ for 3/29/22 re: PASSUR Aerospace, Inc.

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

O'Neill Allison

(Last)

(First)

(Middle)

C/O PASSUR AEROSPACE, INC.

3452 LAKE LYNDA DRIVE, SUITE 190

(Street)

ORLANDO

32817

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
3/29/22

3. Issuer Name and Ticker or Trading Symbol
PASSUR Aerospace, Inc. [ PSSR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Exec. VP Finance & Admin

5. If Amendment, Date of Original Filed (Month/Day/Year)

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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value of $0.01 per share	0.0000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Option (Right to Buy) ⁽¹⁾	⁽²⁾	3/29/32	Common Stock, par value of $0.01 per share	$100,000	0.35	D
Stock Option (Right to Buy) ⁽³⁾	⁽⁴⁾	4/19/31	Common Stock, par value of $0.01 per share	$10,000	0.52	D
Restricted Stock Units ⁽⁵⁾	⁽⁶⁾	⁽⁶⁾	Common Stock, par value of $0.01 per share	$25,000	⁽⁷⁾	D
Restricted Stock Units ⁽⁸⁾	⁽⁹⁾	⁽⁹⁾	Common Stock, par value of $0.01 per share	$30,000	⁽⁷⁾	D

Explanation of Responses:

(1) On March 29, 2022, the Issuer granted to the Reporting Person an incentive stock option pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.

(2) 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 September 29, 2023 and the remaining four installments vesting on March 29, 2024, March 29, 2025, March 29, 2026 and March 29, 2027.

(3) On April 19, 2021, the Issuer granted to the Reporting Person an incentive stock option pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.

(4) 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 October 19, 2022 and the remaining four installments vesting on April 19, 2023, April 19, 2024, April 19, 2025 and April 19, 2026.

(5) On March 29, 2022, the Issuer granted to the Reporting Person an award of restricted stock units pursuant to the Issuer's 2019 Stock Incentive Plan, as amended.

(6) 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 March 29, 2023, and the remaining two installments vesting on March 29, 2024 and March 29, 2025.

(7) Each restricted stock unit represents the right to receive, following vesting, one share of the Issuer's Common Stock.

(8) 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.

(9) 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.

	/s/ Allison O'Neill	3/31/22
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

O’Neill Allison – ‘3’ for 3/29/22 re: PASSUR Aerospace, Inc.

On: Monday, 4/4/22, at 9:30am ET · For: 3/29/22 · Accession #: 1096906-22-745 · File #: 0-07642

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34

Filing Table of Contents

This ‘3’ Document is an XML Data File that may be rendered in various formats:

O’Neill Allison – ‘3’ for 3/29/22 re: PASSUR Aerospace, Inc.

On: Monday, 4/4/22, at 9:30am ET · For: 3/29/22 · Accession #: 1096906-22-745 · File #: 0-07642

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34Filing Table of Contents

This ‘3’ Document is an XML Data File that may be rendered in various formats:

Initial Statement of Beneficial Ownership of Securities by an Insider — Form 3 — SEA’34

Filing Table of Contents