Didier Papadopoulos - Jul 1, 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
President of Aircraft OEM
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos
Stock symbol
JOBY
Transactions as of
Jul 1, 2024
Transactions value $
-$208,919
Form type
4
Date filed
7/3/2024, 03:35 PM
Previous filing
Jun 18, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$113K -23.2K -29.78% $4.86 54.7K Jul 1, 2024 Direct F1, F2
transaction JOBY Common Stock Options Exercise $0 +9.96K +18.22% $0.00 64.6K Jul 1, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +7.6K +11.76% $0.00 72.2K Jul 1, 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +12.5K +17.25% $0.00 84.7K Jul 1, 2024 Direct
transaction JOBY Common Stock Sale -$58.8K -11.9K -14.01% $4.96 72.8K Jul 2, 2024 Direct F3
transaction JOBY Common Stock Sale -$37.4K -7.26K -9.97% $5.15 65.6K Jul 3, 2024 Direct F1, F4

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 -12.5K -6.67% $0.00 174K Jul 1, 2024 Common Stock 12.5K $0.00 Direct F5
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -7.6K -7.69% $0.00 91.2K Jul 1, 2024 Common Stock 7.6K $0.00 Direct F6
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -9.96K -14.29% $0.00 59.8K Jul 1, 2024 Common Stock 9.96K $0.00 Direct F7
* 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 15, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $4.78 to $5.08. 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 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.
F4 This transaction was executed in multiple trades at prices ranging from $5.03 to $5.24. 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.
F5 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.
F6 Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over four years, beginning on July 1, 2023, subject to 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.
F7 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.