Michael Spellacy - Dec 8, 2021 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Director
Signature
/s/ Andy Missan, Attorney-in-Fact for Michael Spellacy
Stock symbol
ACHR
Transactions as of
Dec 8, 2021
Transactions value $
$0
Form type
4
Date filed
12/10/2021, 08:04 PM
Previous filing
Mar 30, 2022
Next filing
Jun 14, 2022

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 ACHR Restricted Stock Units Award $0 +33.4K $0.00 33.4K Dec 8, 2021 Class A Common Stock 33.4K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock, subject to the reporting person's continued status as a director.
F2 This restricted stock unit award represents a total grant value of $200,000 divided by the issuer's closing stock price on November 16, 2021 for its Class A Common Stock, rounded to the nearest whole share, as calculated in accordance with the determination of the Compensation Committee of the issuer's Board of Directors.
F3 The entire award vests on September 16, 2022.
F4 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.