Atlas Crest Investment LLC 4
4 · Archer Aviation Inc. · Filed Sep 20, 2021
Insider Transaction Report
Form 4
Archer Aviation Inc.ACIC. U
Atlas Crest Investment LLC
10% Owner
Transactions
- Conversion
Class B Common Stock
2021-09-16−12,500,000→ 0 total→ Class A Common Stock (12,500,000 underlying) - Conversion
Class A Common Stock
2021-09-16+12,500,000→ 12,500,000 total
Footnotes (1)
- [F1]As a result of the issuer's initial business combination on September 16, 2021, the shares of Class B common stock automatically converted into shares of Class A common stock on a one for one basis, and the reporting person ceased to be a beneficial owner of more than 10% of the issuer's Class A common stock.