Thomas Paul Muniz - 15 Nov 2022 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Chief Operating Officer
Signature
/s/ Andy Missan, Attorney-in-Fact for Thomas P. Muniz
Issuer symbol
ACHR
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
17 Nov 2022, 17:01:38 UTC
Previous filing
10 Dec 2021
Next filing
23 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +71,972 +4.6% $0.000000 1,623,788 15 Nov 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 ACHR Restricted Stock Units Options Exercise $0 -71,972 -33% $0.000000 143,948 15 Nov 2022 Class A Common Stock 71,972 Direct F1, F2, F3
* 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 service provider to the issuer.
F2 The award vests as to: (i) 1/3 of the total award on November 15, 2022; and (ii) 1/12 of the total award quarterly thereafter on each March 1st, May 15th, August 15th, and November 15th.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.