Tosha Perkins - 15 Nov 2022 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Chief People Officer
Signature
/s/ Andy Missan, Attorney-in-Fact for Tosha Perkins
Issuer symbol
ACHR
Transactions as of
15 Nov 2022
Net transactions value
$0
Form type
4
Filing time
17 Nov 2022, 17:03:39 UTC
Previous filing
26 Sep 2022
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 +25,000 $0.000000 25,000 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 -25,000 -12% $0.000000 175,000 15 Nov 2022 Class A Common Stock 25,000 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 vested or vests as to: (i) 1/3 of the total award on August 15, 2022; and (ii) 1/12 of the total award quarterly thereafter on each November 15th, March 1st, May 15th, and August 15th.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.