Form 4 for ACHR Archer Aviation Inc.
Accepted 2023-11-17 00:00:00 ET · period of report 2023-11-15 · accession 0001209191-23-055936 · 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 | 2023-11-17 | 2023-11-16 | ACHR | Muniz Thomas Paul | COO | F - Tax | $6.22 | -4,975 | 1.18M | -0.4% | -$30.9K |
| D | 2023-11-17 | 2023-11-15 | ACHR | Muniz Thomas Paul | COO | M - OptEx | $0.00 | +18.0K | 1.19M | +2% | $0 |
| D | 2023-11-17 | 2023-11-15 | ACHR | Muniz Thomas Paul | COO | M - OptEx | $0.00 | -18.0K | 72.0K | -20% | $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 | 2023-11-16 | F | D | 4,975 | $6.22 | 1,182,833 | D | — | — | (F1) Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.105 to $6.405, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 2 | Common | Class A Common Stock | 2023-11-15 | M | A | 17,994 | $0.00 | 1,187,808 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2023-11-15 | M | D | 17,994 | $0.00 | 71,974 | D | — · — to — | 17,994 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued status as a service provider to the Issuer. (F4) The award vested or vests as to: (i) 1/3 of the total award on November 15, 2022; and (ii) 1/12 of the total award quarterly thereafter on each of March 1st, May 15th, August 15th, and November 15th. (F5) These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |