4//SEC Filing
MISSAN ANDY 4
Accession 0001415889-24-006910
CIK 0001824502other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 8:12 PM ET
Size
13.4 KB
Accession
0001415889-24-006910
Insider Transaction Report
Form 4
MISSAN ANDY
Chief Legal Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-03-01+62,500→ 344,062 total - Exercise/Conversion
Class A Common Stock
2024-03-01+22,624→ 366,686 total - Tax Payment
Class A Common Stock
2024-03-05$4.22/sh−32,724$138,203→ 333,962 total - Exercise/Conversion
Restricted Stock Units
2024-03-01−62,500→ 375,000 total→ Class A Common Stock (62,500 underlying) - Exercise/Conversion
Restricted Stock Units
2024-03-01−22,624→ 271,494 total→ Class A Common Stock (22,624 underlying)
Footnotes (6)
- [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 $4.105 to $4.435, 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.
- [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 August 15, 2022; and (ii) 1/16 of the total award quarterly thereafter on each November 15th, March 1st, May 15th, and August 15th.
- [F5]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [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 each of August 15th, November 15th, March 1st and May 15th.
Documents
Issuer
Archer Aviation Inc.
CIK 0001824502
Entity typeother
Related Parties
1- filerCIK 0001645079
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 8:12 PM ET
- Size
- 13.4 KB