Kate DeHoff - Jan 12, 2023 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
General Counsel and Corporate Secretary
Signature
/s/ Kate DeHoff
Stock symbol
JOBY
Transactions as of
Jan 12, 2023
Transactions value $
-$120,743
Form type
4
Date filed
1/17/2023, 03:57 PM
Previous filing
Jan 11, 2023
Next filing
Mar 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$98.1K -26.6K -13.85% $3.69 165K Jan 12, 2023 Direct F1, F2
transaction JOBY Common Stock Options Exercise $0 +16.1K +9.71% $0.00 181K Jan 12, 2023 Direct
transaction JOBY Common Stock Sale -$22.6K -5.65K -3.11% $4.01 176K Jan 13, 2023 Direct F3

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 -16.1K -5.88% $0.00 257K Jan 12, 2023 Common Stock 16.1K $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 RSUs released on January 9, 2023 (as disclosed on the Form 4 filed by the Reporting Person on January 11, 2023), as required by the terms of the RSU award.
F2 This transaction was executed in multiple trades at prices ranging from $3.69 to $4.00. 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 the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs released on January 12, 2023, as required by the terms of the RSU award.
F4 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on January 12, 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:

General Counsel and Corporate Secretary