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

Signature
/s/ Kate DeHoff, Attorney-in-Fact for JoeBen Bevirt
Stock symbol
JOBY
Transactions as of
Jan 10, 2022
Transactions value $
$0
Form type
4
Date filed
1/11/2022, 06:55 PM
Previous filing
Dec 16, 2021
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Gift $0 -5M -7.8% $0.00 59.1M Dec 21, 2021 See Footnote F1
transaction JOBY Common Stock Gift $0 +5M $0.00 5M Dec 21, 2021 See Footnote F2
transaction JOBY Common Stock Gift $0 -335K -0.97% $0.00 34.2M Dec 21, 2021 See Footnote F3
transaction JOBY Common Stock Gift $0 +335K +0.57% $0.00 59.5M Dec 21, 2021 See Footnote F1
holding JOBY Common Stock 85K Jan 10, 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 +996K $0.00 996K Jan 10, 2022 Common Stock 996K $0.00 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.