JoeBen Bevirt - 16 Jan 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Sarah Slayen, Attorney-in-Fact for JoeBen Bevirt
Issuer symbol
JOBY
Transactions as of
16 Jan 2024
Net transactions value
-$30,600
Form type
4
Filing time
18 Jan 2024, 21:38:02 UTC
Previous filing
05 Jan 2024
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +1,074 +0.18% $0.000000 586,651 16 Jan 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1,154 +0.2% $0.000000 587,805 16 Jan 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1,770 +0.3% $0.000000 589,575 16 Jan 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +4,382 +0.74% $0.000000 593,957 16 Jan 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +6,666 +1.1% $0.000000 600,623 16 Jan 2024 Direct
transaction JOBY Common Stock Sale $2,348 -420 -0.07% $5.59 600,203 18 Jan 2024 Direct F1
transaction JOBY Common Stock Sale $2,186 -391 -0.07% $5.59 599,812 18 Jan 2024 Direct F1
transaction JOBY Common Stock Sale $13,556 -2,425 -0.4% $5.59 597,387 18 Jan 2024 Direct F1, F2
transaction JOBY Common Stock Sale $8,910 -1,594 -0.27% $5.59 595,793 18 Jan 2024 Direct F1, F3
transaction JOBY Common Stock Sale $3,600 -644 -0.11% $5.59 595,149 18 Jan 2024 Direct F1, F3
holding JOBY Common Stock 155,737 16 Jan 2024 By Jennifer Barchas Trust F4
holding JOBY Common Stock 58,363,787 16 Jan 2024 By Joby Trust F5
holding JOBY Common Stock 343,557 16 Jan 2024 By JoeBen Bevirt 2021 GRAT Trust F6
holding JOBY Common Stock 189,109 16 Jan 2024 By Spouse F7
holding JOBY Common Stock 32,824,274 16 Jan 2024 By JoeBen Bevirt 2020 Descendants Trust F8
holding JOBY Common Stock 2,717,177 16 Jan 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 -1,074 -25% $0.000000 3,221 16 Jan 2024 Common Stock 1,074 $0.000000 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1,154 -25% $0.000000 3,461 16 Jan 2024 Common Stock 1,154 $0.000000 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1,770 -25% $0.000000 5,308 16 Jan 2024 Common Stock 1,770 $0.000000 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -6,666 -25% $0.000000 19,995 16 Jan 2024 Common Stock 6,666 $0.000000 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -4,382 -25% $0.000000 13,146 16 Jan 2024 Common Stock 4,382 $0.000000 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.