| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ACHR | Class A Common Stock | Tax liability | -$51.3K | -8.1K | -2.98% | $6.34 | 264K | Aug 18, 2023 | Direct | F1, F2 |
| transaction | ACHR | Class A Common Stock | Sale | -$77.6K | -12.5K | -4.74% | $6.21 | 251K | Aug 18, 2023 | Direct | F3, F4, F5 |
| transaction | ACHR | Class A Common Stock | Tax liability | -$60.9K | -8.71K | -3.46% | $7.00 | 243K | Aug 21, 2023 | Direct | F1, F6 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.085 to $6.79, 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 footnotes 2, 5 and 6 of this Form 4. |
| F3 | This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2023. |
| F4 | 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. |
| F5 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.225, inclusive. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.44 to $7.41, inclusive. |