Spellacy Michael 4
4 · Archer Aviation Inc. · Filed Jun 24, 2024
Insider Transaction Report
Form 4
Spellacy Michael
Director
Transactions
- Award
Restricted Stock Units
2024-06-21+54,644→ 54,644 total→ Class A Common Stock (54,644 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-21−59,347→ 0 total→ Class A Common Stock (59,347 underlying) - Exercise/Conversion
Class A Common Stock
2024-06-21+59,347→ 254,513 total
Holdings
- 1,694,906(indirect: By LLC)
Class A Common Stock
Footnotes (5)
- [F1]The reporting person owns the securities indirectly through Achill Holdings LLC, of which he is the sole managing member.
- [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 vested or vests on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2024 annual stockholders' meeting.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F5]The entire award will vest on the earlier of the: (i) one year anniversary of the grant date or (ii) date of the Issuer's 2025 annual stockholders' meeting.