4//SEC Filing
Goldstein Adam D 4
Accession 0001415889-25-020427
CIK 0001824502other
Filed
Jul 27, 8:00 PM ET
Accepted
Jul 28, 8:24 PM ET
Size
6.9 KB
Accession
0001415889-25-020427
Insider Transaction Report
Form 4
Goldstein Adam D
DirectorChief Executive Officer
Transactions
- Award
Deferred Restricted Stock Units
2025-07-26+360,231→ 360,231 total→ Class A Common Stock (360,231 underlying)
Footnotes (4)
- [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 service to the Issuer as of the applicable vesting date.
- [F2]The award shall vest as to 1/12 of the total award quarterly on each of August 15th, November 15th, March 1st, and May 15th. Once time-vested, the restricted stock units will be settled for shares of the Issuer's Class A Common Stock during calendar year 2030 on a date to be determined by the Issuer.
- [F3](Continued from footnote (2)) Notwithstanding the aforementioned deferral period, once vested, deferred stock units will automatically settle earlier upon the earliest to occur of: (i) the reporting person's death, disability, or separation from service with the Issuer, (ii) a Change in Control (as defined under the Issuer's 2021 Amended and Restated Equity Incentive Plan) or (iii) the occurrence of an "unforeseeable emergency" (as defined under Section 409A of the Internal Revenue Code). The events described in subclauses (i), (ii), and (iii) of the preceding sentence are referred to herein as the "Extraordinary Settlement Events." If an Extraordinary Settlement Event occurs before the applicable vesting date, then settlement will occur instead on the applicable vesting date.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Documents
Issuer
Archer Aviation Inc.
CIK 0001824502
Entity typeother
Related Parties
1- filerCIK 0001882604
Filing Metadata
- Form type
- 4
- Filed
- Jul 27, 8:00 PM ET
- Accepted
- Jul 28, 8:24 PM ET
- Size
- 6.9 KB