Thomas Paul Muniz - 13 Jun 2023 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Signature
/s/ Andy Missan, Attorney-in-Fact for Thomas Paul Muniz
Issuer symbol
ACHR
Transactions as of
13 Jun 2023
Net transactions value
-$562,500
Form type
4
Filing time
15 Jun 2023, 19:00:32 UTC
Previous filing
09 Jun 2023
Next filing
30 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Sale $562,500 -125,000 -8.4% $4.50 1,370,333 13 Jun 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on September 13, 2022. This transaction was effected, in part, for the purpose of offsetting certain tax liabilities and other related costs incurred and to be incurred by the reporting person in connection with the vesting of his restricted stock units pursuant to his previously disclosed restricted stock unit awards.
F2 This transaction was effected, in part, for the purpose of offsetting certain tax liabilities and other related costs incurred and to be incurred by the reporting person in connection with the vesting of his restricted stock units pursuant to his previously disclosed restricted stock unit awards.