4//SEC Filing
Perkins Tosha 4
Accession 0001415889-25-013521
CIK 0001824502other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 9:42 PM ET
Size
21.1 KB
Accession
0001415889-25-013521
Insider Transaction Report
Form 4
Perkins Tosha
CHIEF PEOPLE PARTNERSHIPS OFF.
Transactions
- Exercise/Conversion
Class A Common Stock
2025-05-15+32,456→ 245,129 total - Exercise/Conversion
Class A Common Stock
2025-05-15+19,796→ 264,925 total - Exercise/Conversion
Class A Common Stock
2025-05-15+5,964→ 270,889 total - Exercise/Conversion
Class A Common Stock
2025-05-15+26,096→ 296,985 total - Sale
Class A Common Stock
2025-05-16$12.99/sh−40,186$521,932→ 256,799 total - Exercise/Conversion
Restricted Stock Units
2025-05-15−32,456→ 129,827 total→ Class A Common Stock (32,456 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−19,796→ 138,575 total→ Class A Common Stock (19,796 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−5,964→ 65,601 total→ Class A Common Stock (5,964 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-15−26,096→ 260,960 total→ Class A Common Stock (26,096 underlying)
Footnotes (8)
- [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: (i) 1/4 of the total award on May 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on August 15th, November 15th, March 1st, and May 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, 2023 and quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.
- [F7]The award vested or vests as to 1/16 of the total award beginning on May 15, 2024, and quarterly thereafter on August 15th, November 15th, March 1st, and May 15th.
- [F8]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 0001797669
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 9:42 PM ET
- Size
- 21.1 KB