Gregory Bowles - Nov 29, 2023 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Head of Government & Regulatory Affairs
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles
Stock symbol
JOBY
Transactions as of
Nov 29, 2023
Transactions value $
-$104,566
Form type
4
Date filed
12/1/2023, 04:35 PM
Previous filing
Nov 24, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $9.66K +11.1K +41.8% $0.87* 37.7K Nov 29, 2023 Direct
transaction JOBY Common Stock Sale -$67K -11.1K -29.48% $6.04 26.6K Nov 29, 2023 Direct F1, F2
transaction JOBY Common Stock Sale -$47.2K -7.75K -29.18% $6.09 18.8K Nov 29, 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 Stock Options Options Exercise $0 -11.1K -10.7% $0.00 92.6K Nov 29, 2023 Common Stock 11.1K $0.87 Direct F3
* 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 adopted on June 15, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $6.00 to $6.11. 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 a stock option that vested with respect to 16.66% of the underlying shares on January 13, 2021 and vests as to the remaining 83.34% of the underlying shares in 20 quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date.

Remarks:

Head of Government & Regulatory Affairs