Maria Pinelli - Jun 21, 2024 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Director
Signature
/s/ Eric Lentell, Attorney-in-Fact for Maria Pinelli
Stock symbol
ACHR
Transactions as of
Jun 21, 2024
Transactions value $
$0
Form type
4
Date filed
6/24/2024, 04:31 PM
Previous filing
Jun 26, 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 +59.3K +86.39% $0.00 128K Jun 21, 2024 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 -59.3K -100% $0.00* 0 Jun 21, 2024 Class A Common Stock 59.3K Direct F1, F2, F3
transaction ACHR Restricted Stock Units Award $0 +54.6K $0.00 54.6K Jun 21, 2024 Class A Common Stock 54.6K Direct F1, F3, F4
* 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 service to the Issuer as of the applicable vesting date.
F2 The entire award vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2024 annual stockholders' meeting.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4 The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2025 annual stockholders' meeting.