JoeBen Bevirt - Jan 1, 2025 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
Jan 1, 2025
Transactions value $
-$192,999
Form type
4
Date filed
1/3/2025, 05:32 PM
Previous filing
Dec 19, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +49.8K +6.83% $0.00 779K Jan 1, 2025 Direct
transaction JOBY Common Stock Options Exercise $0 +13K +1.67% $0.00 792K Jan 1, 2025 Direct
transaction JOBY Common Stock Sale -$193K -23.9K -3.02% $8.08 768K Jan 2, 2025 Direct F1
holding JOBY Common Stock 61M Jan 1, 2025 By Joby Trust F2
holding JOBY Common Stock 32.4M Jan 1, 2025 By JoeBen Bevirt 2020 Descendants Trust F3
holding JOBY Common Stock 189K Jan 1, 2025 By Spouse F4
holding JOBY Common Stock 156K Jan 1, 2025 By Jennifer Barchas Trust F5
holding JOBY Common Stock 83.7K Jan 1, 2025 By JoeBen Bevirt 2022 GRAT Trust F6

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 -49.8K -20% $0.00 199K Jan 1, 2025 Common Stock 49.8K $0.00 Direct F7
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -13K -7.69% $0.00 156K Jan 1, 2025 Common Stock 13K $0.00 Direct F8
* 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 Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
F3 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.
F4 The shares of common stock are held of record by the spouse of the Reporting Person.
F5 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.
F6 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.
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.
F8 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.