JoeBen Bevirt - Jan 1, 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt
Stock symbol
JOBY
Transactions as of
Jan 1, 2024
Transactions value $
-$127,602
Form type
4
Date filed
1/3/2024, 08:12 PM
Previous filing
Dec 18, 2023
Next filing
Jan 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +49.8K +8.95% $0.00 606K Jan 1, 2024 Direct
transaction JOBY Common Stock Sale -$128K -20.8K -3.43% $6.13 586K Jan 3, 2024 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 -49.8K -11.11% $0.00 398K Jan 1, 2024 Common Stock 49.8K $0.00 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 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.