Didier Papadopoulos - 22 Aug 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Head of Program Management & Systems Engineering
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Didier Papadopoulos
Issuer symbol
JOBY
Transactions as of
22 Aug 2022
Net transactions value
-$153,142
Form type
4
Filing time
24 Aug 2022, 17:08:31 UTC
Previous filing
14 Jun 2022
Next filing
29 Aug 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 +39,841 $0.000000 39,841 22 Aug 2022 Direct
transaction JOBY Common Stock Options Exercise $0 +46,542 +117% $0.000000 86,383 22 Aug 2022 Direct
transaction JOBY Common Stock Tax liability $153,142 -28,255 -33% $5.42 58,128 23 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 -39,841 -20% $0.000000 159,362 22 Aug 2022 Common Stock 39,841 $0.000000 Direct F1, F2
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -46,542 -17% $0.000000 232,827 22 Aug 2022 Common Stock 46,542 $0.000000 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 22, 2022.
F2 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.
F3 Represents an award of restricted stock units ("RSUs") that vests with respect to 16.66% of the RSUs on June 14, 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.

Remarks:

Head of Program Management & Systems Engineering