Kate DeHoff - Jul 11, 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
General Counsel and Corporate Secretary
Signature
/s/ Mustafa Rizvi, Attorney-in-Fact for Kate Dehoff
Stock symbol
JOBY
Transactions as of
Jul 11, 2024
Transactions value $
-$108,059
Form type
4
Date filed
7/15/2024, 08:34 PM
Previous filing
Jul 3, 2024
Next filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$68.8K -12.5K -6.2% $5.50 189K Jul 11, 2024 Direct F1
transaction JOBY Common Stock Options Exercise $0 +16.1K +8.49% $0.00 205K Jul 12, 2024 Direct
transaction JOBY Common Stock Sale -$39.3K -5.82K -2.83% $6.76 199K Jul 15, 2024 Direct F2

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 -16.1K -9.09% $0.00 161K Jul 12, 2024 Common Stock 16.1K $0.00 Direct F3
* 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 June 14, 2023.
F2 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.
F3 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on January 12, 2022 and as to the remaining 83.34% in 20 quarterly installments 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.

Remarks:

General Counsel and Corporate Secretary