Priya Gupta - Sep 8, 2024 Form 3 Insider Report for Archer Aviation Inc. (ACHR)

Signature
/s/ Eric Lentell, Attorney-in-Fact for Priya Gupta
Stock symbol
ACHR
Transactions as of
Sep 8, 2024
Transactions value $
$0
Form type
3
Date filed
9/16/2024, 04:21 PM
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ACHR Class A Common Stock 99.4K Sep 8, 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
holding ACHR Restricted Stock Units Sep 8, 2024 Class A Common Stock 68.2K Direct F1, F2, F3
holding ACHR Restricted Stock Units Sep 8, 2024 Class A Common Stock 35.8K Direct F2, F3, F4
* 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 1/4 of the total award beginning on August 15, 2023, with an additional 1/16 of the total award vesting quarterly thereafter on 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 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.
F4 The award vested or vests as to 1/16 of the total award beginning on May 15, 2024, with an additional 1/16 of the total award vesting quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.