Michael Spellacy - Sep 16, 2022 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
Sep 16, 2022
Transactions value $
$0
Form type
4
Date filed
9/20/2022, 04:29 PM
Previous filing
Jun 14, 2022
Next filing
Jan 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +33.4K +37.1% $0.00 123K Sep 16, 2022 Direct
holding ACHR Class A Common Stock 1.69M Sep 16, 2022 Achill Holdings LLC F1

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 Options Exercise $0 -33.4K -100% $0.00* 0 Sep 16, 2022 Class A Common Stock 33.4K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member.
F2 Each restricted stock unit represents the right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer on the vesting date.
F3 The entire award vests on September 16, 2022.
F4 These restricted stock units do not expire. They either vest or are canceled should the reporting person cease to provide services to the Issuer prior to the vesting date.