Oscar Munoz - Mar 15, 2024 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Director
Signature
/s/ Andy Missan, Attorney-in-Fact for Oscar Munoz
Stock symbol
ACHR
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 04:21 PM
Previous filing
Feb 23, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +27.8K +9.21% $0.00 330K Mar 15, 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 -27.8K -50% $0.00 27.8K Mar 15, 2024 Class A Common Stock 27.8K 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.