Ben Lu - 08 Dec 2021 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Reporting relationship: Chief Financial Officer
Issuer ticker: ACHR
Reported as of: 08 Dec 2021
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Dec 2021, 20:04:55 UTC
Prior SEC filing: 20 Sep 2021
Next SEC filing: 23 Sep 2022
Source filing: View source filing
Reporting owner signature: /s/ Andy Missan, Attorney-in-Fact for Ben Lu

Key filing fact

Ben Lu filed Form 4 for Archer Aviation Inc. (ACHR) on 10 Dec 2021.

Key facts

This page summarizes Ben Lu's Form 4 filing for Archer Aviation Inc. (ACHR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 10 Dec 2021, 20:04.

Change

Previous filing in this sequence was filed on 20 Sep 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ACHR transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +600,000
Change %
Price: $0.000000
Shares after: 600,000
Date: 08 Dec 2021
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 600,000
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of the issuer's Class A Common Stock, subject to the reporting person's continued status as a service provider to the issuer.

Footnote F2

The award vests as to: (i) 1/3 of the total award on August 15, 2022; and (ii) 1/12 of the total award quarterly thereafter on each November 15th, March 1st, May 15th, and August 15th.

Footnote F3

These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.