Gregory Bowles - May 16, 2023 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Kate Dehoff, Attorney-in-Fact for Gregory Bowles
Stock symbol
JOBY
Transactions as of
May 16, 2023
Transactions value $
-$88,089
Form type
4
Date filed
5/18/2023, 04:09 PM
Previous filing
Mar 22, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$29.6K -5.9K -17.97% $5.01 26.9K May 16, 2023 Direct F1, F2
transaction JOBY Common Stock Sale -$58.5K -11.7K -43.43% $5.00 15.2K May 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan
F2 This transaction was executed in multiple trades at prices ranging from $5.00 to $5.01. 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.

Remarks:

Head of Government & Regulatory Affairs