Form 4 for ACHR Archer Aviation Inc.
Accepted 2024-11-21 00:00:00 ET · period of report 2024-11-19 · accession 0001415889-24-027478 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-11-21 | 2024-11-19+ | ACHR | Goldstein Adam D | CEO, Dir | S - Sale | $4.94 | -3.01M | 2.00M | -60% | -$14.85M |
| 2024-11-21 | 2024-11-21 | ACHR | Goldstein Adam D | CEO, Dir | P - Purchase | $5.12 | +19.8K | 2.01M | +1.0% | +$101.2K |
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 | 2024-11-19 | S | D | 805,170 | $4.63 | 4,197,136 | 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 settlement of Restricted Stock Units reported on November 18, 2024. In accordance with the Issuer's company policy, shares are sold to cover such obligations. Following these transactions, Mr. Goldstein still maintains beneficial ownership of an aggregate 36,352,585 shares, representing approximately 45.9% of the voting power of the Issuer's common stock outstanding. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.335 to $4.765, 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) and in footnotes (3) and (4). |
| 2 | Common | Class A Common Stock | 2024-11-20 | S | D | 1,372,247 | $4.99 | 2,824,889 | 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 settlement of Restricted Stock Units reported on November 18, 2024. In accordance with the Issuer's company policy, shares are sold to cover such obligations. Following these transactions, Mr. Goldstein still maintains beneficial ownership of an aggregate 36,352,585 shares, representing approximately 45.9% of the voting power of the Issuer's common stock outstanding. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.88 to $5.13, inclusive. |
| 3 | Common | Class A Common Stock | 2024-11-21 | P | A | 19,762 | $5.12 | 2,014,890 | D | — | — | |
| 4 | Common | Class A Common Stock | 2024-11-21 | S | D | 829,761 | $5.15 | 1,995,128 | 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 settlement of Restricted Stock Units reported on November 18, 2024. In accordance with the Issuer's company policy, shares are sold to cover such obligations. Following these transactions, Mr. Goldstein still maintains beneficial ownership of an aggregate 36,352,585 shares, representing approximately 45.9% of the voting power of the Issuer's common stock outstanding. (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.94 to $5.805, inclusive. |