Didier Papadopoulos - Aug 22, 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Head of Program Management & Systems Engineering
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Didier Papadopoulos
Stock symbol
JOBY
Transactions as of
Aug 22, 2022
Transactions value $
-$153,142
Form type
4
Date filed
8/24/2022, 05:08 PM
Previous filing
Jun 14, 2022
Next filing
Aug 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +39.8K $0.00 39.8K Aug 22, 2022 Direct
transaction JOBY Common Stock Options Exercise $0 +46.5K +116.82% $0.00 86.4K Aug 22, 2022 Direct
transaction JOBY Common Stock Tax liability -$153K -28.3K -32.71% $5.42 58.1K Aug 23, 2022 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 JOBY Restricted Stock Units (RSUs) Options Exercise $0 -39.8K -20% $0.00 159K Aug 22, 2022 Common Stock 39.8K $0.00 Direct F1, F2
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -46.5K -16.66% $0.00 233K Aug 22, 2022 Common Stock 46.5K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested shares were not released to the Reporting Person until August 22, 2022.
F2 Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2022 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
F3 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on June 14, 2022 and as to the remaining 83.34% in 20 quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Remarks:

Head of Program Management & Systems Engineering