MISSAN ANDY 4

4 · Archer Aviation Inc. · Filed Aug 17, 2023

Form 4

Period: 2023-08-15

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

1 file