Gregory Bowles - 29 Nov 2023 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role: Head of Government & Regulatory Affairs
Signature: /s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles
Issuer symbol: JOBY
Transactions as of: 29 Nov 2023
Transactions value $: -$104,566
Form type: 4
Filing time: 01 Dec 2023, 16:35:33 UTC
Previous filing: 24 Nov 2023
Next filing: 18 Dec 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	Options Exercise	$9,657	+11,100	+42%	$0.87^*	37,652	29 Nov 2023	Direct
transaction	JOBY	Common Stock	Sale	-$67,044	-11,100	-29%	$6.04	26,552	29 Nov 2023	Direct	F1, F2
transaction	JOBY	Common Stock	Sale	-$47,179	-7,747	-29%	$6.09	18,805	29 Nov 2023	Direct	F1

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	Stock Options	Options Exercise	$0	-11,100	-11%	$0	92,615	29 Nov 2023	Common Stock	11,100	$0.87	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on June 15, 2023.
F2	This transaction was executed in multiple trades at prices ranging from $6.00 to $6.11. 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 a stock option that vested with respect to 16.66% of the underlying shares on January 13, 2021 and vests as to the remaining 83.34% of the underlying shares in 20 quarterly installments thereafter, subject to the Reporting Person's continued service through the applicable vesting date.

Remarks:

Head of Government & Regulatory Affairs