4//SEC Filing
Lang Justin 4
Accession 0000899243-21-032835
CIK 0001819848other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 5:50 PM ET
Size
13.6 KB
Accession
0000899243-21-032835
Insider Transaction Report
Form 4
Lang Justin
See Remarks
Transactions
- Award
Stock Options
2021-08-10+112,358→ 112,358 totalExercise: $0.87Exp: 2030-04-19→ Common Stock (112,358 underlying) - Award
Stock Options
2021-08-10+328,433→ 328,433 totalExercise: $0.87Exp: 2030-11-09→ Common Stock (328,433 underlying) - Award
Common Stock
2021-08-10+77,786→ 77,786 total - Award
Stock Options
2021-08-10+440,792→ 440,792 totalExercise: $0.21Exp: 2029-04-22→ Common Stock (440,792 underlying)
Footnotes (5)
- [F1]On August 10, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of February 23, 2021, by and among Issuer, RTP Merger Sub Inc. ("Merger Sub") and Joby Aero, Inc. ("Joby"), Merger Sub merged with and into Joby with Joby surviving as a wholly owned subsidiary of the Issuer (the "Merger"). Upon consummation of the Merger (the "Effective Time"), each issued and outstanding share of common stock of Joby was automatically cancelled and converted into approximately 3.4572 shares of common stock of the Issuer.
- [F2]Upon consummation of the Merger, each outstanding option to purchase shares of Joby common stock (each a "Joby Option") was automatically converted into an option to purchase a number of shares of common stock of the Issuer equal to (i) the number of shares of Joby common stock subject to the applicable Joby Option, multiplied by (ii) 3.4572, rounded down to the nearest whole share.
- [F3]Represents a stock option that vested with respect to 16.66% of the underlying shares on April 11, 2021 and vests as to the remaining 83.34% of underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date.
- [F4]Represents a stock option that vested with respect to 16.66% of the underlying shares on February 23, 2021 and vests as to the remaining 83.34% of the underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date.
- [F5]Represents a stock option that vests with respect to 16.66% of the underlying shares on October 31, 2021 and as to the remaining 83.34% of the underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date.
Documents
Issuer
Joby Aviation, Inc.
CIK 0001819848
Entity typeother
Related Parties
1- filerCIK 0001877220
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 5:50 PM ET
- Size
- 13.6 KB