InsiderTrades

Form 4 for JOBY Joby Aviation, Inc.

Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-10 · accession 0000899243-21-032834 · 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
DI 2021-08-12 2021-08-10 JOBY Hoffman Reid Dir A - Grant $10.00 +2.00M 2.00M New +$20.00M
DI 2021-08-12 2021-08-10 JOBY Hoffman Reid Dir M - OptEx — +17.13M 17.13M New —
DI 2021-08-12 2021-08-10 JOBY Hoffman Reid Dir M - OptEx — -17.13M 0 -100% —
DI 2021-08-12 2021-08-10 JOBY Hoffman Reid Dir J - Other $1.50 +11.53M 11.53M New +$17.30M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2021-08-10 A A 2,000,000 $10.00 2,000,000 I See Footnote — — (F1) Reflects shares of the Issuer's common stock acquired from the Issuer pursuant to a Subscription Agreement in connection with the business combination of Reinvent Technology Partners ("RTP) and Joby Aero, Inc. (the "Business Combination"). These securities are directly held by Reprogrammed Interchange LLC ("Reprogrammed"). On the basis of the reporting person's relationship with Reprogrammed, the reporting person may be deemed a beneficial owner of the securities held by Reprogrammed. The reporting person disclaims beneficial ownership of the securities held by Reprogrammed, except to the extent of his pecuniary interest therein.
2 Common Common Stock 2021-08-10 M A 17,130,000 — 17,130,000 I See Footnote — — (F2) 100% of such shares are subject to vesting in tranches of 20% if the volume weighted average price of the equals or exceeds $12.00, $18.00, $24.00, $32.00 or $50.00, respectively, for any 20 trading days within a 30 trading day period on or prior to the tenth anniversary of the Business Combination. On August 10, 2031, any unvested shares will be automatically forfeited. In the event the Issuer completes a transaction that results in a change of control, all unvested shares will vest immediately prior to the closing of such transaction. (F3) On August 10, 2021, RTP consummated the Business Combination. Pursuant to the Business Combination, RTP domesticated as a Delaware corporation and changed its name to "Joby Aviation, Inc.", and each RTP Class B ordinary share was automatically converted into the right to receive one share of the Issuer's common stock. (F4) The securities reported herein are directly held by Reinvent Sponsor LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
3 Derivative Class B Ordinary Shares 2021-08-10 M D 17,130,000 — 0 I See Footnote — · — to — 17,130,000 Common Stock (F3) On August 10, 2021, RTP consummated the Business Combination. Pursuant to the Business Combination, RTP domesticated as a Delaware corporation and changed its name to "Joby Aviation, Inc.", and each RTP Class B ordinary share was automatically converted into the right to receive one share of the Issuer's common stock. (F2) 100% of such shares are subject to vesting in tranches of 20% if the volume weighted average price of the equals or exceeds $12.00, $18.00, $24.00, $32.00 or $50.00, respectively, for any 20 trading days within a 30 trading day period on or prior to the tenth anniversary of the Business Combination. On August 10, 2031, any unvested shares will be automatically forfeited. In the event the Issuer completes a transaction that results in a change of control, all unvested shares will vest immediately prior to the closing of such transaction. (F4) The securities reported herein are directly held by Reinvent Sponsor LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.
4 Derivative Private Placement Warrants 2021-08-10 J A 11,533,333 $1.50 11,533,333 I See Footnote $11.50 · — to — 11,533,333 Common Stock (F5) Represents Private Placement Warrants acquired from the Issuer in connection with the Issuer's initial public offering. Each warrant is exercisable for one share of common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants may be exercised commencing on the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of the Issuer's initial business combination and expire five years after consummation of the Business Combination or earlier upon redemption or liquidation. (F4) The securities reported herein are directly held by Reinvent Sponsor LLC (the "Sponsor"). The reporting person may be deemed a beneficial owner of securities held by the Sponsor by virtue of his shared control over and indirect pecuniary interest in the Sponsor. The reporting person disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his pecuniary interest therein.