MISSAN ANDY 4
4 · Archer Aviation Inc. · Filed Mar 29, 2024
Insider Transaction Report
Form 4
MISSAN ANDY
Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-28+90,498→ 674,460 total - Exercise/Conversion
Restricted Stock Units
2024-03-28−90,498→ 180,996 total→ Class A Common Stock (90,498 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-28−250,000→ 125,000 total→ Class A Common Stock (250,000 underlying) - Exercise/Conversion
Class A Common Stock
2024-03-28+250,000→ 583,962 total
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The remainder of the award shall vest as to 62,500 shares on each of May 15, 2024 and August 15, 2024, subject to the reporting person's continued status as a service provider to the Issuer on each vesting date.
- [F3]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F4]The remainder of the award shall vest in ratable increments on May 15th, August 15th, November 15th, and March 1st, through March 1, 2026, subject to the reporting person's continued status as a service provider to the Issuer on each vesting date.