Form 4 for ACHR Archer Aviation Inc.
Accepted 2021-09-20 00:00:00 ET · period of report 2021-09-16 · accession 0001209191-21-056990 · 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 | 2021-09-20 | 2021-09-16 | ACHR | Muniz Thomas Paul | COO | C - Cnv Deriv | — | +1.55M | 1.55M | New | — |
| D | 2021-09-20 | 2021-09-16 | ACHR | Muniz Thomas Paul | COO | J - Other | $0.00 | +1.55M | 1.55M | New | $0 |
| D | 2021-09-20 | 2021-09-16 | ACHR | Muniz Thomas Paul | COO | C - Cnv Deriv | $0.00 | -1.55M | 0 | -100% | $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 | Class A Common Stock | 2021-09-16 | C | A | 1,551,816 | — | 1,551,816 | D | — | — | (F1) In connection with the Merger, the reporting person elected to convert all of the Class B common stock issuable to such reporting issuer to Class A common stock. |
| 2 | Derivative | Class B Common Stock | 2021-09-16 | J | A | 1,551,816 | $0.00 | 1,551,816 | D | — · — to — | 1,551,816 Class A Common Stock | (F2) On September 16, 2021, pursuant to that certain Business Combination Agreement, as amended and restated on July 29, 2021, by and among the Issuer, Artemis Acquisition Sub Inc. ("Merger Sub") and Archer Aviation Inc. ("Legacy Archer"), Merger Sub merged with and into Legacy Archer with Legacy Archer 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 Legacy Archer was canceled and converted into approximately 1.00656519 shares of Class B common stock of the Issuer. |
| 3 | Derivative | Class B Common Stock | 2021-09-16 | C | D | 1,551,816 | $0.00 | 0 | D | — · — to — | 1,551,816 Class A Common Stock | (F1) In connection with the Merger, the reporting person elected to convert all of the Class B common stock issuable to such reporting issuer to Class A common stock. |