Filing Details

Accession Number:
0001628280-23-030239
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-08-22 16:42:17
Reporting Period:
2023-08-18
Accepted Time:
2023-08-22 16:42:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1824502 Archer Aviation Inc. ACHR () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1645079 Andy Missan C/O Archer Aviation Inc.
190 West Tasman Drive
San Jose CA 95134
Chief Legal Off. & Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2023-08-18 8,098 $6.34 263,884 No 4 F Direct
Class A Common Stock Disposition 2023-08-18 12,500 $6.21 251,384 No 4 S Direct
Class A Common Stock Disposition 2023-08-21 8,705 $7.00 242,679 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 F Direct
No 4 S Direct
No 4 F Direct
Footnotes
  1. Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units.
  2. 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. This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the reporting person on March 20, 2023.
  4. 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.
  5. 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.
  6. 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.