JoeBen Bevirt - 10 Jan 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
CEO and Chief Architect, Director, 10%+ Owner
Signature
/s/ Kate DeHoff, Attorney-in-Fact for JoeBen Bevirt
Issuer symbol
JOBY
Transactions as of
10 Jan 2022
Net transactions value
$0
Form type
4
Filing time
11 Jan 2022, 18:55:00 UTC
Previous filing
16 Dec 2021
Next filing
01 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Gift $0 -5,000,000 -7.8% $0.000000 59,124,185 21 Dec 2021 See Footnote F1
transaction JOBY Common Stock Gift $0 +5,000,000 $0.000000 5,000,000 21 Dec 2021 See Footnote F2
transaction JOBY Common Stock Gift $0 -334,706 -0.97% $0.000000 34,237,254 21 Dec 2021 See Footnote F3
transaction JOBY Common Stock Gift $0 +334,706 +0.57% $0.000000 59,458,891 21 Dec 2021 See Footnote F1
holding JOBY Common Stock 85,000 10 Jan 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JOBY Restricted Stock Units Award $0 +996,016 $0.000000 996,016 10 Jan 2022 Common Stock 996,016 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of common stock are held of record by The Joby Trust. The Reporting Person has voting and dispositive power of the shares held by The Joby Trust therefore may be deemed to be the beneficial owner of such shares to the extend of his pecuniary interest.
F2 The shares of common stock are held of record by the JoeBen Bevirt 2021 GRAT Trust (the "2021 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2021 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
F3 The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person has voting and dispositive power of the shares held by the Decendants Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
F4 Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2022 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to Reporting Person's continued status as a Service Provider (as defined in the 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.