Form 4 for JOBY Joby Aviation, Inc.
Accepted 2021-08-12 00:00:00 ET · period of report 2021-08-10 · accession 0000899243-21-032881 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-08-12 | 2021-08-10 | JOBY | PINCUS MARK J | FORMER Dir | A - Grant | $10.00 | +4.50M | 1.20M | New | +$45.00M |
| DI | 2021-08-12 | 2021-08-10 | JOBY | PINCUS MARK J | FORMER Dir | M - OptEx | — | +17.13M | 17.13M | New | — |
| DI | 2021-08-12 | 2021-08-10 | JOBY | PINCUS MARK J | FORMER Dir | M - OptEx | — | -17.13M | 0 | -100% | — |
| DI | 2021-08-12 | 2021-08-10 | JOBY | PINCUS MARK J | FORMER Dir | J - Other | $1.50 | +11.53M | 11.53M | New | +$17.30M |
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 | 800,000 | $10.00 | 800,000 | I See Footnote | — | — | (F3) Reflects securities held directly by MJP DT Holdings LLC. On the basis of the reporting person's relationship with MJP DT Holdings LLC, the reporting person may be deemed a beneficial owner of the securities held by MJP DT Holdings LLC. The reporting person disclaims beneficial ownership of the securities held by MJP DT Holdings LLC, except to the extent of his pecuniary interest therein. |
| 2 | Common | Common Stock | 2021-08-10 | A | A | 2,500,000 | $10.00 | 2,500,000 | I See Footnote | — | — | (F4) Reflects securities held directly by Reinvent Capital Fund LP. The reporting person may be a beneficial owner of securities held by Reinvent Capital Fund LP by virtue of his shared control over and indirect pecuniary interest in Reinvent Capital Fund LP. The reporting person disclaims beneficial ownership of the securities held by Reinvent Capital Fund LP, except to the extent of his pecuniary interest therein. |
| 3 | Common | Common Stock | 2021-08-10 | M | A | 17,130,000 | — | 17,130,000 | I See Footnote | — | — | (F5) 100% of such shares are subject to vesting in tranches of 20% if the volume weighted average price of the Issuer's shares of common stock 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. (F6) 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. (F7) The securities reported herein are directly held by Reinvent Sponsor LLC. The reporting person may be deemed a beneficial owner of securities held by Reinvent Sponsor LLC by virtue of his shared control over and indirect pecuniary interest in Reinvent Sponsor LLC. The reporting person disclaims beneficial ownership of the securities held by Reinvent Sponsor LLC, except to the extent of his pecuniary interest therein. |
| 4 | Common | Common Stock | 2021-08-10 | A | A | 1,200,000 | $10.00 | 1,200,000 | I See Footnote | — | — | (F2) Reflects securities held directly by Workplay Ventures LLC. On the basis of the reporting person's relationship with Workplay Ventures LLC, the reporting person may be deemed a beneficial owner of the securities held by Workplay Ventures LLC. The reporting person disclaims beneficial ownership of the securities held by Workplay Ventures LLC, except to the extent of his pecuniary interest therein. |
| 5 | Derivative | Class B Ordinary Shares | 2021-08-10 | M | D | 17,130,000 | — | 0 | I See Footnote | — · — to — | 17,130,000 Common Stock | (F6) 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. (F5) 100% of such shares are subject to vesting in tranches of 20% if the volume weighted average price of the Issuer's shares of common stock 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. (F7) The securities reported herein are directly held by Reinvent Sponsor LLC. The reporting person may be deemed a beneficial owner of securities held by Reinvent Sponsor LLC by virtue of his shared control over and indirect pecuniary interest in Reinvent Sponsor LLC. The reporting person disclaims beneficial ownership of the securities held by Reinvent Sponsor LLC, except to the extent of his pecuniary interest therein. |
| 6 | 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 | (F7) The securities reported herein are directly held by Reinvent Sponsor LLC. The reporting person may be deemed a beneficial owner of securities held by Reinvent Sponsor LLC by virtue of his shared control over and indirect pecuniary interest in Reinvent Sponsor LLC. The reporting person disclaims beneficial ownership of the securities held by Reinvent Sponsor LLC, except to the extent of his pecuniary interest therein. |