4//SEC Filing
MISSAN ANDY 4
Accession 0001628280-23-029909
CIK 0001824502other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 7:59 PM ET
Size
14.5 KB
Accession
0001628280-23-029909
Insider Transaction Report
Form 4
MISSAN ANDY
Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-08-15+22,624→ 286,279 total - Tax Payment
Class A Common Stock
2023-08-17$5.92/sh−7,175$42,475→ 271,982 total - Exercise/Conversion
Class A Common Stock
2023-08-15+62,500→ 263,655 total - Tax Payment
Class A Common Stock
2023-08-16$5.96/sh−7,122$42,473→ 279,157 total - Exercise/Conversion
Restricted Stock Units
2023-08-15−62,500→ 500,000 total→ Class A Common Stock (62,500 underlying) - Exercise/Conversion
Restricted Stock Units
2023-08-15−22,624→ 316,743 total→ Class A Common Stock (22,624 underlying)
Footnotes (7)
- [F1]Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.71 to $6.30, 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 and in footnote 3 of this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.645 to $6.26, inclusive.
- [F4]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.
- [F5]The award vested or vests as to: (i) 1/4 of the total award on August 15, 2022; and (ii) 1/16 of the total award quarterly thereafter on each November 15th, March 1st, May 15th, and August 15th.
- [F6]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F7]This award vested or vests as to 1/16th of the total award quarterly on May 15, 2023 and thereafter on each of August 15th, November 15th, March 1st and May 15th.
Documents
Issuer
Archer Aviation Inc.
CIK 0001824502
Entity typeother
Related Parties
1- filerCIK 0001645079
Filing Metadata
- Form type
- 4
- Filed
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 7:59 PM ET
- Size
- 14.5 KB