Thomas Paul Muniz - 01 Mar 2025 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Signature
/s/ Eric Lentell, Attorney-in-Fact for Thomas Paul Muniz
Issuer symbol
ACHR
Transactions as of
01 Mar 2025
Net transactions value
-$764,193
Form type
4
Filing time
04 Mar 2025, 20:22:54 UTC
Previous filing
19 Feb 2025
Next filing
01 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +143,750 +13% $0.000000 1,214,110 01 Mar 2025 Direct
transaction ACHR Class A Common Stock Options Exercise $0 +8,945 +0.74% $0.000000 1,223,055 01 Mar 2025 Direct
transaction ACHR Class A Common Stock Options Exercise $0 +7,612 +0.62% $0.000000 1,230,667 01 Mar 2025 Direct
transaction ACHR Class A Common Stock Sale $764,193 -99,224 -8.1% $7.70 1,131,443 04 Mar 2025 Direct F1, F2

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 -143,750 -10% $0.000000 1,293,750 01 Mar 2025 Class A Common Stock 143,750 Direct F3, F4, F5
transaction ACHR Restricted Stock Units Options Exercise $0 -8,945 -7.7% $0.000000 107,347 01 Mar 2025 Class A Common Stock 8,945 Direct F3, F5, F6
transaction ACHR Restricted Stock Units Options Exercise $0 -7,612 -8.3% $0.000000 83,725 01 Mar 2025 Class A Common Stock 7,612 Direct F3, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock of the issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units. In accordance with company policy, shares are automatically sold to cover such obligations.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.41 to $8.12, 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.
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: (i) 1/4 of the total award on May 15, 2024; and (ii) 1/16 of the total award quarterly thereafter on March 1st, May 15th, August 15th, and November 15th.
F5 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F6 The award vested or vests as 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.
F7 The award vested or vests as to 1/12 of the total award beginning on March 1, 2025, and thereafter quarterly on May 15th, August 15th, November 15th, and March 1st.