Thomas Paul Muniz - May 1, 2023 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Chief Operating Officer
Signature
/s/ Andy Missan, Attorney-in-Fact for Thomas Paul Muniz
Stock symbol
ACHR
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 06:02 PM
Previous filing
Mar 3, 2023
Next filing
May 17, 2023

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 Award $0 +2.3M $0.00 2.3M May 1, 2023 Class A Common Stock 2.3M Direct F1, F2, F3
* 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 status as a service provider to the issuer.
F2 The award 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 each March 1st, May 15th, August 15th and November 15th.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.