Didier Papadopoulos - 01 Oct 2024 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
President of Aircraft OEM
Signature
/s/ Sarah Slayen, Attorney-in-Fact for Didier Papadopoulos
Issuer symbol
JOBY
Transactions as of
01 Oct 2024
Net transactions value
-$126,667
Form type
4
Filing time
03 Oct 2024, 18:03:35 UTC
Previous filing
19 Sep 2024
Next filing
22 Nov 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 +12,459 +28% $0.000000 57,686 01 Oct 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +7,598 +13% $0.000000 65,284 01 Oct 2024 Direct
transaction JOBY Common Stock Options Exercise $0 +9,960 +15% $0.000000 75,244 01 Oct 2024 Direct
transaction JOBY Common Stock Sale $74,344 -12,840 -17% $5.79 62,404 02 Oct 2024 Direct F1
transaction JOBY Common Stock Sale $3,372 -562 -0.9% $6.00 61,842 02 Oct 2024 Direct F2
transaction JOBY Common Stock Sale $48,952 -8,588 -14% $5.70 53,254 03 Oct 2024 Direct F2, 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 -12,459 -7.1% $0.000000 161,960 01 Oct 2024 Common Stock 12,459 $0.000000 Direct F4
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -7,598 -8.3% $0.000000 83,587 01 Oct 2024 Common Stock 7,598 $0.000000 Direct F5
transaction JOBY Restricted Stock Units (RSUs) Options Exercise $0 -9,960 -17% $0.000000 49,801 01 Oct 2024 Common Stock 9,960 $0.000000 Direct F6
* 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 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 Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on March 15, 2024.
F3 This transaction was executed in multiple trades at prices ranging from $5.55 to $6.00. 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.
F4 Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, 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.
F5 Represents an award of restricted stock units ("RSUs") that vests in equal quarterly installments over four years, beginning on July 1, 2023, subject to 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.
F6 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.