Form 4 for ACHR Archer Aviation Inc.
Accepted 2024-11-19 00:00:00 ET · period of report 2024-11-15 · accession 0001415889-24-027301 · 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 | 2024-11-19 | 2024-11-18 | ACHR | Mesler Mark | CFO | F - Tax | $4.31 | -51.5K | 587.5K | -8% | -$222.0K |
| DM | 2024-11-19 | 2024-11-15 | ACHR | Mesler Mark | CFO | M - OptEx | $0.00 | +102.9K | 633.0K | +19% | $0 |
| DM | 2024-11-19 | 2024-11-15 | ACHR | Mesler Mark | CFO | M - OptEx | $0.00 | -102.9K | 77.5K | -57% | $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 | 2024-11-18 | F | D | 51,499 | $4.31 | 587,485 | D | — | — | (F1) Represents shares of Class A Common Stock of the issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting of restricted stock units. In accordance with company policy, shares are automatically sold to cover such obligations. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.06 to $4.475, 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 | 2024-11-15 | M | A | 82,840 | $0.00 | 618,880 | D | — | — | |
| 3 | Common | Class A Common Stock | 2024-11-15 | M | A | 5,964 | $0.00 | 638,984 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-11-15 | M | A | 14,140 | $0.00 | 633,020 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 82,840 | $0.00 | 414,196 | D | — · — to — | 82,840 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) 1/4 of the total award on March 1, 2023; and (ii) 1/16 of the total award quarterly thereafter on May 15th, August 15th, November 15th, and March 1st. (F5) These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |
| 6 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 14,140 | $0.00 | 127,263 | D | — · — to — | 14,140 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. (F6) The award vested or vests as to: (i) 1/4 of the total award on May 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on August 15th, November 15th, March 1st, and May 15th. (F5) These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |
| 7 | Derivative | Restricted Stock Units | 2024-11-15 | M | D | 5,964 | $0.00 | 77,528 | D | — · — to — | 5,964 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. (F7) The award vested or vests as to 1/16 of the total award beginning on May 15, 2024, and thereafter quarterly on August 15th, November 15th, March 1st, and May 15th. (F5) These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. |