OSCAR MUNOZ - 15 Mar 2024 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Director
Signature
/s/ Andy Missan, Attorney-in-Fact for Oscar Munoz
Issuer symbol
ACHR
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 16:21:55 UTC
Previous filing
23 Feb 2024
Next filing
23 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +27,824 +9.2% $0.000000 329,979 15 Mar 2024 Direct

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 -27,824 -50% $0.000000 27,824 15 Mar 2024 Class A Common Stock 27,824 Direct F1, F2, F3, F4
* 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 the right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer on the applicable vesting date.
F2 The reported transaction represents the settlement of restricted stock units that vested on September 16, 2023, but for which settlement was deferred.
F3 The award is scheduled to vest ratably in 1/3 increments on the first, second and third anniversaries of September 16, 2021.
F4 These restricted stock units do not expire. They either vest or are canceled should the reporting person cease to provide services to the Issuer prior to the applicable vesting date.