Form 4 for JOBY Joby Aviation, Inc.
Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-10 · accession 0000899243-21-032831 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-08-12 | 2021-08-10 | JOBY | Simi Bonny W | See Remarks | A - Grant | — | +198.0K | 198.0K | New | — |
| D | 2021-08-12 | 2021-08-10 | JOBY | Simi Bonny W | See Remarks | A - Grant | $0.00 | +1.31M | 1.31M | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-10 | A | A | 198,034 | — | 198,034 | D | — | — | (F1) On August 10, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of February 23, 2021, by and among Issuer, RTP Merger Sub Inc. ("Merger Sub") and Joby Aero, Inc. ("Joby"), Merger Sub merged with and into Joby with Joby surviving as a wholly owned subsidiary of the Issuer (the "Merger"). Upon consummation of the Merger (the "Effective Time"), each issued and outstanding share of common stock of Joby was automatically cancelled and converted into approximately 3.4572 shares of common stock of the Issuer. |
| 2 | Derivative | Stock Option | 2021-08-10 | A | A | 1,314,487 | $0.00 | 1,314,487 | D | $1.77 · — to 2030-12-17 | 1,314,487 Common Stock | (F2) Upon consummation of the Merger, each outstanding option to purchase shares of Joby common stock (each a "Joby Option") was automatically converted into an option to purchase a number of shares of common stock of the Issuer equal to (i) the number of shares of Joby common stock subject to the applicable Joby Option, multiplied by (ii) 3.4572, rounded down to the nearest whole share. (F3) Represents a stock option that vests with respect to 16.66% of the underlying shares on December 15, 2021 and as to the remaining 83.34% of underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date. |