Matthew Field - Oct 1, 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Chief Financial Officer and Treasurer
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Matthew Field
Stock symbol
JOBY
Transactions as of
Oct 1, 2022
Transactions value $
-$108,400
Form type
4
Date filed
10/4/2022, 09:22 PM
Previous filing
Sep 21, 2022
Next filing
Dec 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +26.6K +27.17% $0.00 124K Oct 1, 2022 Direct
transaction JOBY Common Stock Options Exercise $0 +23.1K +18.54% $0.00 147K Oct 3, 2022 Direct
transaction JOBY Common Stock Sale -$57.2K -13.4K -9.13% $4.25 134K Oct 3, 2022 Direct F1, F2
transaction JOBY Common Stock Sale -$51.2K -11.5K -8.6% $4.45 122K Oct 4, 2022 Direct F1

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 -26.6K -12.5% $0.00 186K Oct 1, 2022 Common Stock 26.6K $0.00 Direct F3
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -23.1K -5.26% $0.00 415K Oct 3, 2022 Common Stock 23.1K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
F2 This transaction was executed in multiple trades at prices ranging from $4.25 to $4.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 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.
F4 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on April 3, 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:

Chief Financial Officer and Treasurer