Gregory Bowles - 11 Jul 2024 Form 4/A - Amendment Insider Report for Joby Aviation, Inc. (JOBY)

Signature
/s/ Sarah Slayen, Attorney-in-Fact for Gregory Bowles
Issuer symbol
JOBY
Transactions as of
11 Jul 2024
Net transactions value
-$217,200
Form type
4/A - Amendment
Filing time
22 Nov 2024, 16:12:22 UTC
Date Of Original Report
15 Jul 2024
Previous filing
03 Jul 2024
Next filing
23 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JOBY Common Stock Sale $226,944 -37,824 -55% $6.00 31,066 11 Jul 2024 Direct F1, F2
transaction JOBY Common Stock Options Exercise $9,744 +11,200 +36% $0.8700 42,266 11 Jul 2024 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 Stock Options Options Exercise $0 -11,200 -12% $0.000000 81,415 11 Jul 2024 Common Stock 11,200 $0.8700 Direct F4
* 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 $6.04. 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 This amendment is being filed to reflect the exercise of 11,200 stock options in connection with the exercise and sale of options executed under the reporting Person's 10b5-1 trading plan. The sale was reported on the original Form 4 but the exercise was inadvertently omitted from the original filing.
F4 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