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 | +317K | $0.00 | 317K | May 1, 2023 | Class A Common Stock | 317K | Direct | F1, F2, F3 |
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 | 1/16th of the total award vests quarterly starting on May 15, 2023 and thereafter on each August 15th, November 15th, March 1st and May 15th. |
F3 | These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |