Didier Papadopoulos - Jan 4, 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos
Stock symbol
JOBY
Transactions as of
Jan 4, 2024
Transactions value $
-$20,843
Form type
4
Date filed
1/5/2024, 07:18 PM
Previous filing
Jan 3, 2024
Next filing
Jan 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$20.8K -3.47K -20.01% $6.01 13.9K Jan 4, 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) Award $0 +19.6K $0.00 19.6K Jan 4, 2024 Common Stock 19.6K $0.00 Direct F2
* 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 March 16, 2023.
F2 Represents an award of restricted stock units ("RSUs") that vest in equal installments on each of January 16, 2024, February 12, 2024, March 11, 2024 and April 16, 2024, 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.