Kate DeHoff - 18 Aug 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
General Counsel and Corporate Secretary
Signature
/s/ Kate DeHoff
Issuer symbol
JOBY
Transactions as of
18 Aug 2022
Transactions value $
-$306,862
Form type
4
Filing time
22 Aug 2022, 16:57:32 UTC
Previous filing
14 Jun 2022
Next filing
04 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +96,356 $0 96,356 18 Aug 2022 Direct
transaction JOBY Common Stock Options Exercise $0 +53,121 +55.13% $0 149,477 18 Aug 2022 Direct
transaction JOBY Common Stock Tax liability -$306,861 -53,930 -36.08% $5.69 95,547 18 Aug 2022 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 JOBY Restricted Stock Units (RSUs) Options Exercise $0 -96,356 -24.99% $0 289,166 18 Aug 2022 Common Stock 96,356 $0 Direct F1, F2
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -53,121 -20% $0 212,483 18 Aug 2022 Common Stock 53,121 $0 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested shares were not released to the Reporting Person until August 18, 2022.
F2 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on January 12, 2022 and as to the remaining 83.34% in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
F3 Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2022 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to the reporting person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.

Remarks:

General Counsel and Corporate Secretary