JoeBen Bevirt - Jan 16, 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 16, 2024
Transactions value $
-$30,600
Form type
4
Date filed
1/18/2024, 09:38 PM
Previous filing
Jan 5, 2024
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +1.07K +0.18% $0.00 587K Jan 16, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1.15K +0.2% $0.00 588K Jan 16, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1.77K +0.3% $0.00 590K Jan 16, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +4.38K +0.74% $0.00 594K Jan 16, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +6.67K +1.12% $0.00 601K Jan 16, 2024 Direct
transaction JOBY Common Stock Sale -$2.35K -420 -0.07% $5.59 600K Jan 18, 2024 Direct F1
transaction JOBY Common Stock Sale -$2.19K -391 -0.07% $5.59 600K Jan 18, 2024 Direct F1
transaction JOBY Common Stock Sale -$13.6K -2.43K -0.4% $5.59 597K Jan 18, 2024 Direct F1, F2
transaction JOBY Common Stock Sale -$8.91K -1.59K -0.27% $5.59 596K Jan 18, 2024 Direct F1, F3
transaction JOBY Common Stock Sale -$3.6K -644 -0.11% $5.59 595K Jan 18, 2024 Direct F1, F3
holding JOBY Common Stock 156K Jan 16, 2024 By Jennifer Barchas Trust F4
holding JOBY Common Stock 58.4M Jan 16, 2024 By Joby Trust F5
holding JOBY Common Stock 344K Jan 16, 2024 By JoeBen Bevirt 2021 GRAT Trust F6
holding JOBY Common Stock 189K Jan 16, 2024 By Spouse F7
holding JOBY Common Stock 32.8M Jan 16, 2024 By JoeBen Bevirt 2020 Descendants Trust F8
holding JOBY Common Stock 2.72M Jan 16, 2024 By JoeBen Bevirt 2022 GRAT Trust F9

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 -1.07K -25.01% $0.00 3.22K Jan 16, 2024 Common Stock 1.07K $0.00 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1.15K -25.01% $0.00 3.46K Jan 16, 2024 Common Stock 1.15K $0.00 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1.77K -25.01% $0.00 5.31K Jan 16, 2024 Common Stock 1.77K $0.00 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -6.67K -25% $0.00 20K Jan 16, 2024 Common Stock 6.67K $0.00 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -4.38K -25% $0.00 13.1K Jan 16, 2024 Common Stock 4.38K $0.00 Direct F10
* 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 This transaction was executed in multiple trades at prices ranging from $5.52 to $5.59. 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 This transaction was executed in multiple trades at prices ranging from $5.51 to $5.59 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.
F4 The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest.
F5 The shares of common stock are held of record by The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
F6 The shares of common stock are held of record by the JoeBen Bevirt 2021 GRAT Trust (the "2021 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2021 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
F7 The shares of common stock are held of record by the spouse of the Reporting Person.
F8 The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares.
F9 The shares of common stock are held of record by the JoeBen Bevirt 2022 GRAT Trust (the "2022 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2022 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
F10 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.