Form 4 for ACHR Archer Aviation Inc.
Accepted 2023-08-22 00:00:00 ET · period of report 2023-08-18 · accession 0001628280-23-030239 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-22 | 2023-08-18 | ACHR | MISSAN ANDY | Chief Legal Off, Sec | S - Sale | $6.21 | -12.5K | 251.4K | -5% | -$77.6K | |
| M | 2023-08-22 | 2023-08-18+ | ACHR | MISSAN ANDY | Chief Legal Off, Sec | F - Tax | $6.68 | -16.8K | 242.7K | -6% | -$112.3K |
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 | 2023-08-18 | S | D | 12,500 | $6.21 | 251,384 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.225, inclusive. (F4) This transaction was effected, in part, for the purpose of offsetting certain tax liabilities and other related costs incurred and to be incurred by the reporting person in connection with the vesting of his restricted stock units pursuant to his previously disclosed restricted stock unit awards. |
| 2 | Common | Class A Common Stock | 2023-08-18 | F | D | 8,098 | $6.34 | 263,884 | 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 $6.085 to $6.79, 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 footnotes 2, 5 and 6 of this Form 4. |
| 3 | Common | Class A Common Stock | 2023-08-21 | F | D | 8,705 | $7.00 | 242,679 | 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. (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.44 to $7.41, inclusive. |