Kate DeHoff - 12 Jan 2023 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
12 Jan 2023
Transactions value $
-$120,743
Form type
4
Filing time
17 Jan 2023, 15:57:15 UTC
Previous filing
11 Jan 2023
Next filing
22 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale -$98,094 -26,584 -13.85% $3.69 165,383 12 Jan 2023 Direct F1, F2
transaction JOBY Common Stock Options Exercise $0 +16,065 +9.71% $0 181,448 12 Jan 2023 Direct
transaction JOBY Common Stock Sale -$22,648 -5,648 -3.11% $4.01 175,800 13 Jan 2023 Direct F3

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 -5.88% $0 257,036 12 Jan 2023 Common Stock 16,065 $0 Direct F4
* 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 RSUs released on January 9, 2023 (as disclosed on the Form 4 filed by the Reporting Person on January 11, 2023), as required by the terms of the RSU award.
F2 This transaction was executed in multiple trades at prices ranging from $3.69 to $4.00. 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 the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs released on January 12, 2023, as required by the terms of the RSU award.
F4 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