Didier Papadopoulos - 14 Jan 2025 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
14 Jan 2025
Net transactions value
-$23,490
Form type
4
Filing time
16 Jan 2025, 17:14:36 UTC
Previous filing
07 Jan 2025
Next filing
05 Feb 2025
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 +3,825 +7.5% $0.000000 54,727 14 Jan 2025 Direct
transaction JOBY Common Stock Sale $11,581 -1,387 -2.5% $8.35 53,340 15 Jan 2025 Direct F1
transaction JOBY Common Stock Sale $11,909 -1,463 -2.7% $8.14 51,877 16 Jan 2025 Direct 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 -3,825 -25% $0.000000 11,477 14 Jan 2025 Common Stock 3,825 $0.000000 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 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 Represents an award of restricted stock units ("RSUs"). Between 0% and 125% of the award will vest in equal installments on each of on January 14, 2025, February 10, 2025, March 4, 2025 and April 7, 2025, based on the achievement of specified goals under the Joby Aviation, Inc. 2024 Performance Award Program and 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.