Kate DeHoff - 12 Oct 2022 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Kate DeHoff
Issuer symbol
JOBY
Transactions as of
12 Oct 2022
Transactions value $
-$34,765
Form type
4
Filing time
14 Oct 2022, 16:24:52 UTC
Previous filing
04 Oct 2022
Next filing
20 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Options Exercise $0 +16,065 +14.26% $0 128,741 12 Oct 2022 Direct
transaction JOBY Common Stock Sale -$34,765 -8,500 -6.6% $4.09 120,241 13 Oct 2022 Direct F1, F2

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 -16,065 -5.56% $0 273,101 12 Oct 2022 Common Stock 16,065 $0 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
F2 This transaction was executed in multiple trades at prices ranging from $4.09 to $4.11. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 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.

Remarks:

General Counsel and Corporate Secretary