JoeBen Bevirt - Feb 12, 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
Feb 12, 2024
Transactions value $
-$34,715
Form type
4
Date filed
2/14/2024, 08:05 PM
Previous filing
Jan 18, 2024
Next filing
Mar 13, 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 596K Feb 12, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1.15K +0.19% $0.00 597K Feb 12, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +1.77K +0.3% $0.00 599K Feb 12, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +6.67K +1.11% $0.00 606K Feb 12, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +4.38K +0.72% $0.00 610K Feb 12, 2024 Direct
transaction JOBY Common Stock Sale -$34.7K -5.76K -0.94% $6.03 604K Feb 14, 2024 Direct F1
holding JOBY Common Stock 156K Feb 12, 2024 By Jennifer Barchas Trust F2
holding JOBY Common Stock 58.4M Feb 12, 2024 By Joby Trust F3
holding JOBY Common Stock 344K Feb 12, 2024 By JoeBen Bevirt 2021 GRAT Trust F4
holding JOBY Common Stock 32.8M Feb 12, 2024 By JoeBen Bevirt 2020 Descendants Trust F5
holding JOBY Common Stock 189K Feb 12, 2024 By Spouse F6
holding JOBY Common Stock 2.72M Feb 12, 2024 By JoeBen Bevirt 2022 GRAT Trust F7

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 +42.5K $0.00 42.5K Feb 12, 2024 Common Stock 42.5K $0.00 Direct F8
transaction JOBY Restricted Stock Units (RSUs) Award $0 +208K $0.00 208K Feb 12, 2024 Common Stock 208K $0.00 Direct F9
transaction JOBY Restricted Stock Units (RSUs) Award $0 +208K $0.00 208K Feb 12, 2024 Common Stock 208K $0.00 Direct F10
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1.07K -33.34% $0.00 2.15K Feb 12, 2024 Common Stock 1.07K $0.00 Direct F11
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1.15K -33.34% $0.00 2.31K Feb 12, 2024 Common Stock 1.15K $0.00 Direct F11
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -1.77K -33.35% $0.00 3.54K Feb 12, 2024 Common Stock 1.77K $0.00 Direct F11
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -6.67K -33.33% $0.00 13.3K Feb 12, 2024 Common Stock 6.67K $0.00 Direct F11
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -4.38K -33.33% $0.00 8.76K Feb 12, 2024 Common Stock 4.38K $0.00 Direct F11
* 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 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.
F3 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.
F4 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.
F5 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.
F6 The shares of common stock are held of record by the spouse of the Reporting Person.
F7 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.
F8 Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 14, 2025, February 10, 2025, March 4, 2025 and April 7, 2025, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and 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.
F9 Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 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.
F10 Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and 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.
F11 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.