Reid Hoffman - 14 Jun 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
Director
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Reid Hoffman
Issuer symbol
JOBY
Transactions as of
14 Jun 2024
Net transactions value
$0
Form type
4
Filing time
18 Jun 2024, 21:06:00 UTC
Previous filing
14 Jun 2024
Next filing
09 Sep 2024
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 +22,556 +28% $0.000000 102,603 14 Jun 2024 Direct
holding JOBY Common Stock 17,130,000 14 Jun 2024 By Reinvent Sponsor LLC F1
holding JOBY Common Stock 2,000,000 14 Jun 2024 By Reprogrammed Interchange LLC 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 -22,556 -100% $0.000000* 0 14 Jun 2024 Common Stock 22,556 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Reid Hoffman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The securities are directly held by Reinvent Sponsor LLC ("Sponsor"). The Reporting Person may be deemed a beneficial owner of securities held by Sponsor by virtue of his shared control over and indirect pecuniary interest in Sponsor. The Reporting Person disclaims beneficial ownership of the securities held by Sponsor, except to the extent of his pecuniary interest therein.
F2 These securities are directly held by Reprogrammed Interchange LLC ("Reprogrammed"). On the basis of the Reporting Person's relationship with Reprogrammed, the Reporting Person may be deemed a beneficial owners of the securities held by Reprogrammed. The Reporting Person disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.
F3 Represents an annual award of restricted stock units ("RSUs") to the Issuer's non-employee directors (the "Annual Award"). The Annual Award shall fully vest on the earlier of (a) the date of the next annual meeting of the Issuer's stockholders and (b) June 22, 2024, in each case, subject to Reporting Person's continued status as a Service Provider (as defined in the Issuer's 2021 Incentive Award Plan) through the applicable vesting date. Each RSU represents a contingent right to receive one share of Common Stock upon vesting.