Saker Aviation Services Inc.

11/18/2024 | Press release | Distributed by Public on 11/18/2024 12:01

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Chodock Marc
2. Issuer Name and Ticker or Trading Symbol
Saker Aviation Services, Inc. [SKAS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC, 25 HILEE ROAD 		3. Date of Earliest Transaction (Month/Day/Year)
11/14/2024
(Street)
RHINEBECK, NY 12572 		4. If Amendment, Date Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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)
Code V Amount (A) or (D) Price
Common Stock 11/14/2024 M 3,333 A $5.6 110,514 I See Footnote(1)
Common Stock 11/14/2024 F 1,697 D $11 108,817 I See Footnote(1)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4) 		10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4) 		11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $5.6 11/14/2024 M 3,333 12/05/2020 12/05/2024 Common Stock 3,333 $ 0 0 I See Footnote(1)
Stock Option (Right to Buy) $2.58 12/01/2021 12/01/2025 Common Stock 3,333 3,333 I See Footnote(1)
Stock Option (Right to Buy) $3.45 12/01/2022 12/01/2026 Common Stock 3,333 3,333 I See Footnote(1)
Stock Option (Right to Buy) $5.4 12/01/2023 12/01/2027 Common Stock 3,333 3,333 I See Footnote(1)
Stock Option (Right to Buy) $7.52 12/01/2024 12/01/2028 Common Stock 3,333 3,333 I See Footnote(1)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chodock Marc
C/O ARVICE CAPITAL MANAGEMENT, LLC
25 HILEE ROAD
RHINEBECK, NY 12572 		X X
ACM Value Opportunities Fund I GP, LLC
C/O ARVICE CAPITAL MANAGEMENT, LLC
7883 MAIN ST.
HUNTER, NY 12442 		X See Footnote (1)
ACM Value Opportunities Fund I, LP
C/O ARVICE CAPITAL MANAGEMENT, LLC
7883 MAIN ST.
HUNTER, NY 12442 		X See Footnote (1)
Arvice Capital Management, LLC
C/O ARVICE CAPITAL MANAGEMENT, LLC
25 HILEE ROAD
RHINEBECK, NY 12572 		X See Footnote (1)

Signatures

/s/ Marc Chodock 11/18/2024
**Signature of Reporting Person Date
/s/ ACM Value Opportunities Fund I, LP 11/18/2024
**Signature of Reporting Person Date
/s/ ACM Value Opportunities Fund I GP, LLC 11/18/2024
**Signature of Reporting Person Date
/s/ Arvice Capital Management, LLC 11/18/2024
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) ACM Value Opportunities Fund I, LP, a Delaware limited partnership (the "Fund") is the direct owner. ACM Value Opportunities Fund I GP, LLC, a Delaware limited liability company is the general partner of the Fund. Arvice Capital Management, LLC, a Delaware limited liability company (the "Manager") is the manager of the Fund. Mr. Marc Chodock is the managing member of the Manager.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.