Eric Lentell - 28 Mar 2024 Form 3 Insider Report for Archer Aviation Inc. (ACHR)

Role
General Counsel and Secretary
Signature
/s/ Eric Lentell
Issuer symbol
ACHR
Transactions as of
28 Mar 2024
Net transactions value
$0
Form type
3
Filing time
05 Apr 2024, 16:19:23 UTC
Next filing
17 May 2024
SEC
View on sec.gov

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
holding ACHR Restricted Stock Units 28 Mar 2024 Class A Common Stock 112,500 $0.000000 Direct F1, F2
holding ACHR Restricted Stock Units 28 Mar 2024 Class A Common Stock 228,660 $0.000000 Direct F2, F3
holding ACHR Restricted Stock Units 28 Mar 2024 Class A Common Stock 237,557 $0.000000 Direct F2, F4
holding ACHR Restricted Stock Units 28 Mar 2024 Class A Common Stock 143,130 $0.000000 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award vested or vests as to: (i) 1/4 of the total award on August 15, 2022; and (ii) 1/16 of the total award quarterly thereafter on each of November 15th, March 1st, May 15th, and August 15th.
F2 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F3 The award vested or vests as to: (i) 1/4 of the total award on August 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on each of November 15th, March 1st, May 15th, and August 15th.
F4 The award vested or vests as to 1/16th of the total award quarterly on May 15, 2023 and thereafter on each of August 15th, November 15th, March 1st and May 15th.
F5 The award vests quarterly in ratable increments of 1/16th beginning on May 15, 2024, and thereafter on each August 15th, November 15th, and March 1st and May 15th.