OSCAR MUNOZ - 21 Jun 2024 Form 4 Insider Report for Archer Aviation Inc. (ACHR)

Role
Director
Signature
/s/ Eric Lentell, Attorney-in-Fact for Oscar Munoz
Issuer symbol
ACHR
Transactions as of
21 Jun 2024
Net transactions value
$0
Form type
4
Filing time
24 Jun 2024, 16:33:22 UTC
Previous filing
23 May 2024
Next filing
23 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ACHR Class A Common Stock Options Exercise $0 +29,674 +9% $0.000000 359,653 21 Jun 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ACHR Restricted Stock Units Options Exercise $0 -29,674 -100% $0.000000* 0 21 Jun 2024 Class A Common Stock 29,674 Direct F1, F2, F3
transaction ACHR Restricted Stock Units Award $0 +54,644 $0.000000 54,644 21 Jun 2024 Class A Common Stock 54,644 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 entire award vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2024 annual stockholders' meeting.
F3 These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
F4 The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2025 annual stockholders' meeting.