SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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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 for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Chodock Marc

(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
11/27/2023
4. If Amendment, Date of 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
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 11/27/2023 M 3,333 A $2.4 107,181 I See Footnote(1)
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 Securities Underlying Derivative Security (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: 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) $2.4 11/27/2023 M 3,333 12/01/2019 12/01/2023 Common Stock 3,333 $0 0 I See Footnote(1)
Stock Option (Right to Buy) $5.6 12/05/2020 12/05/2024 Common Stock 3,333 3,333 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)
1. Name and Address of Reporting Person*
Chodock Marc

(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
1. Name and Address of Reporting Person*
ACM Value Opportunities Fund I GP, LLC

(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
1. Name and Address of Reporting Person*
ACM Value Opportunities Fund I, LP

(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
1. Name and Address of Reporting Person*
Arvice Capital Management, LLC

(Last) (First) (Middle)
C/O ARVICE CAPITAL MANAGEMENT, LLC
110 EAST 25TH STREET - 3RD FLOOR

(Street)
NEW YORK NY 10011

(City) (State) (Zip)
Explanation of Responses:
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 isthe 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 managingmember of the Manager.
/s/ Marc Chodock 11/28/2023
/s/ ACM Value Opportunities Fund I, LP 11/28/2023
/s/ ACM Value Opportunities Fund I GP, LLC 11/28/2023
/s/ Arvice Capital Management, LLC 11/28/2023
** 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 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).
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.

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