Didier Papadopoulos - Feb 12, 2025 Form 4 Insider Report for Joby Aviation, Inc. (JOBY)

Role
President of Aircraft OEM
Signature
/s/ Kate DeHoff, Attorney-in-Fact for Didier Papadopoulos
Stock symbol
JOBY
Transactions as of
Feb 12, 2025
Transactions value $
-$161,208
Form type
4
Date filed
2/14/2025, 05:32 PM
Previous filing
Feb 12, 2025
Next filing
Mar 6, 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 +28.6K +54.08% $0.00 81.4K Feb 12, 2025 Direct
transaction JOBY Common Stock Sale -$76.9K -10.4K -12.72% $7.43 71.1K Feb 13, 2025 Direct F1
transaction JOBY Common Stock Sale -$84.3K -10.9K -15.38% $7.71 60.1K Feb 14, 2025 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 -28.6K -33.33% $0.00 57.1K Feb 12, 2025 Common Stock 28.6K $0.00 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 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 $7.57 to $7.90. 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"). Between 0% and 125% of the award will vest in three equal annual installments on the anniversary of February 12, 2024, 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.