Form 4 for ACHR Archer Aviation Inc.
Accepted 2023-06-26 00:00:00 ET · period of report 2023-06-10 · accession 0001628280-23-023481 · 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 | 2023-06-26 | 2023-06-10 | ACHR | Spellacy Michael | Dir | M - OptEx | $0.00 | +48.7K | 195.2K | +33% | $0 |
| D | 2023-06-26 | 2023-06-10 | ACHR | Spellacy Michael | Dir | M - OptEx | $0.00 | -48.7K | 0 | -100% | $0 |
| D | 2023-06-26 | 2023-06-23 | ACHR | Spellacy Michael | Dir | A - Grant | $0.00 | +59.3K | 59.3K | New | $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 | 2023-06-10 | M | A | 48,661 | $0.00 | 195,166 | D | — | — | |
| 2 | Derivative | Restricted Stock Units | 2023-06-10 | M | D | 48,661 | $0.00 | 0 | D | — · — to — | 48,661 Class A Common Stock | (F2) 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 service to the Issuer as of the applicable vesting date. (F3) The entire award fully vested on June 10, 2023. |
| 3 | Derivative | Restricted Stock Units | 2023-06-23 | A | A | 59,347 | $0.00 | 59,347 | D | — · — to — | 59,347 Class A Common Stock | (F2) 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 service to the Issuer as of the applicable vesting date. (F4) All of the restricted stock units vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2024 annual stockholders' meeting. (F5) These restricted stock units do not expire. They either vest or are canceled should the reporting person cease to provide services to the Issuer prior to the vesting date. |