Andy Missan - Nov 15, 2022 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Chief Legal Off. & Secretary
Signature
/s/ Andy Missan
Stock symbol
ACHR
Transactions as of
Nov 15, 2022
Transactions value $
$0
Form type
4
Date filed
11/17/2022, 04:59 PM
Previous filing
Sep 23, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +62.5K +59.18% $0.00 168K Nov 15, 2022 Direct

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 ACHR Restricted Stock Units Options Exercise $0 -62.5K -8.33% $0.00 688K Nov 15, 2022 Class A Common Stock 62.5K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 The award vested or vests as to: (i) 1/4 of the total award on August 15, 2022; and (ii) 1/16 of the total award quarterly thereafter on each November 15th, March 1st, May 15th, and August 15th.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.