4//SEC Filing
Gupta Priya 4
Accession 0001415889-25-013518
CIK 0001824502other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 9:39 PM ET
Size
17.4 KB
Accession
0001415889-25-013518
Insider Transaction Report
Form 4
Gupta Priya
Interim CFO
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-15+19,486→ 137,207 total - Exercise/Conversion
Class A Common Stock
2025-05-15+3,583→ 140,790 total - Exercise/Conversion
Class A Common Stock
2025-05-15+6,524→ 147,314 total - Sale
Class A Common Stock
2025-05-16$12.99/sh−13,210$171,570→ 134,104 total - Exercise/Conversion
Restricted Stock Units
2025-05-15−19,486→ 19,484 total→ Class A Common Stock (19,486 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−3,583→ 25,081 total→ Class A Common Stock (3,583 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−6,524→ 65,240 total→ Class A Common Stock (6,524 underlying)
Footnotes (7)
- [F1]Represents shares of Class A Common Stock of the issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units. In accordance with company policy, shares are automatically sold to cover such obligations.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.63 to $13.53, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]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.
- [F4]The award vested or vests as to 1/4 of the total award beginning on August 15, 2023, with an additional 1/16 of the total award vesting quarterly thereafter on November 15th, March 1st, May 15th, and August 15th.
- [F5]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F6]The award vested or vests as to 1/16 of the total award beginning on May 15, 2024, with an additional 1/16 of the total award vesting quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.
- [F7]The award vested or vests as to 1/12 of the total award beginning on March 1, 2025, and thereafter quarterly on May 15th, August 15th, November 15th, and March 1st.
Documents
Issuer
Archer Aviation Inc.
CIK 0001824502
Entity typeother
Related Parties
1- filerCIK 0002036956
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 9:39 PM ET
- Size
- 17.4 KB