GLOBAL AIRCRAFT SOLUTIONS, INC. (GACF) [Rocket]

Date	Name	Title	Type	Security	Shares	Price	Value	Reported
05/13/2008	HERMAN IAN	CEO	Conversion	Stock Option (right to purchase	134.3k	$0.17	$22.8k	05/13/2008
05/13/2008	HERMAN IAN	CEO	Exercise	Common Stock	133.3k	$0.17	$22.7k	05/13/2008
05/13/2008	SAWYER JOHN B	President	Conversion	Stock Option (right to purchase)	766.7k	$0.17	$130.3k	05/13/2008
05/13/2008	SAWYER JOHN B	President	Exercise	Common Stock	766.7k	$0.17	$130.3k	05/13/2008