Brett Adcock - Jul 28, 2022 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
10%+ Owner
Signature
/s/ Brett Adcock
Stock symbol
ACHR
Transactions as of
Jul 28, 2022
Transactions value $
-$400,339
Form type
4
Date filed
8/1/2022, 04:12 PM
Previous filing
Apr 19, 2022
Next filing
Aug 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Sale -$185K -47.1K -47.09% $3.92 52.9K Jul 28, 2022 See Footnote F1, F3
transaction ACHR Class A Common Stock Sale -$216K -52.9K -100% $4.07 0 Jul 29, 2022 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Weighted average price. These shares were sold in multiple transactions at prices ranging from $3.9000 to $4.0000 inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission (the "SEC"), upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (1) to this From 4.
F2 Weighted average price. These shares were sold in multiple transactions at prices ranging from $4.0500 to $4.1050 inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (2) to this From 4.
F3 The shares are held by Hight Drive Growth LLC ("Hight Drive"). Mr. Adcock is the sole managing member of Hight Drive and, as such, has voting and investment discretion with respect to the securities held directly by it.