Matthew A. Field - 03 Jan 2023 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Kate DeHoff, Attorney-in-Fact for Matthew Field
Issuer symbol
JOBY
Transactions as of
03 Jan 2023
Net transactions value
-$32,604
Form type
4
Filing time
05 Jan 2023, 15:46:45 UTC
Previous filing
28 Dec 2022
Next filing
11 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +23,050 +19% $0.000000 145,434 03 Jan 2023 Direct
transaction JOBY Common Stock Sale $32,604 -9,478 -6.5% $3.44 135,956 04 Jan 2023 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 -23,050 -5.6% $0.000000 391,848 03 Jan 2023 Common Stock 23,050 $0.000000 Direct F2
* 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 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