Paul Sciarra - Dec 9, 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Director
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Paul Sciarra
Stock symbol
JOBY
Transactions as of
Dec 9, 2024
Transactions value $
-$2,876,655
Form type
4
Date filed
12/10/2024, 04:34 PM
Previous filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$2.88M -333K -0.56% $8.63 59.3M Dec 9, 2024 By Sciarra Management Trust F1, F2, F3
holding JOBY Common Stock 105K Dec 9, 2024 Direct
holding JOBY Common Stock 50K Dec 9, 2024 By Sciarra Foundation F4
* 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 27, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $8.38 to $9.12. 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 The shares of common stock are held of record by Sciarra Management Trust. The Reporting Person has voting and dispositive power of the shares held by Sciarra Management Trust therefore may be deemed to be the beneficial owner of such shares.
F4 The shares of common stock are held of record by the Sciarra Foundation. The Reporting Person has voting and dispositive power of the shares held by the Sciarra Foundation therefore may be deemed to be the beneficial owner of such shares.