Eric Lentell - 15 Aug 2024 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 Aug 2024, 18:34:53 UTC
Prior SEC filing
17 May 2024
Next SEC filing
19 Nov 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Eric Lentell

Key filing fact

Eric Lentell filed Form 4 for Archer Aviation Inc. (ACHR) on 19 Aug 2024.

Key facts

  • This page summarizes Eric Lentell's Form 4 filing for Archer Aviation Inc. (ACHR).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 19 Aug 2024, 18:34.

Change

  • Previous filing in this sequence was filed on 17 May 2024.
  • Current net transaction value: -$133,020.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ACHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+18,750
Change %
+43%
Price
$0.000000
Shares after
62,415
Date
15 Aug 2024
Ownership
Direct
ACHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+22,866
Change %
+37%
Price
$0.000000
Shares after
85,281
Date
15 Aug 2024
Ownership
Direct
ACHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+19,797
Change %
+23%
Price
$0.000000
Shares after
105,078
Date
15 Aug 2024
Ownership
Direct
ACHR transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+8,946
Change %
+8.5%
Price
$0.000000
Shares after
114,024
Date
15 Aug 2024
Ownership
Direct
ACHR transaction

Class A Common Stock

Tax liability

Transaction value
$133,020
Shares
-35,582
Change %
-31%
Price
$3.74
Shares after
78,442
Date
19 Aug 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-18,750
Change %
-20%
Price
$0.000000
Shares after
75,000
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
18,750
Exercise price
Footnotes
F3, F4, F5
ACHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-22,866
Change %
-11%
Price
$0.000000
Shares after
182,928
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
22,866
Exercise price
Footnotes
F3, F5, F6
ACHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-19,797
Change %
-9.1%
Price
$0.000000
Shares after
197,964
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
19,797
Exercise price
Footnotes
F3, F5, F7
ACHR transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-8,946
Change %
-6.7%
Price
$0.000000
Shares after
125,238
Date
15 Aug 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
8,946
Exercise price
Footnotes
F3, F5, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.655 to $3.865, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

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.

Footnote F4

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 November 15th, March 1st, May 15th, and August 15th.

Footnote F5

These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Footnote F6

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 November 15th, March 1st, May 15th, and August 15th.

Footnote F7

The award vested or vests as to 1/16 of the total award beginning on May 15, 2023 and thereafter quarterly on August 15th, November 15th, March 1st, and May 15th.

Footnote F8

The award vested or vests at to 1/16 of the total award beginning on May 15, 2024, and thereafter quarterly on August 15th, November 15th, March 1st, and May 15th.

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