Filing Details
- Accession Number:
- 0001819848-24-000196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-03 20:35:41
- Reporting Period:
- 2024-04-01
- Accepted Time:
- 2024-04-03 20:35:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1819848 | Joby Aviation Inc. | JOBY | Aircraft (3721) | 981548118 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1877280 | Joeben Bevirt | C/O Joby Aviation, Inc. 333 Encinal Street Santa Cruz CA 95060 | Ceo And Chief Architect | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-04-01 | 12,977 | $0.00 | 626,961 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-04-01 | 49,800 | $0.00 | 676,761 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-04-01 | 200,000 | $5.18 | 58,507,344 | No | 4 | S | Indirect | By Joby Trust |
| Common Stock | Disposition | 2024-04-03 | 18,839 | $4.96 | 657,922 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-04-01 | 50,000 | $5.18 | 32,774,274 | No | 4 | S | Indirect | By JoeBen Bevirt 2020 Descendants Trust |
| Common Stock | Disposition | 2024-04-03 | 4,911 | $4.96 | 653,011 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Indirect | By Joby Trust |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | By JoeBen Bevirt 2020 Descendants Trust |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units (RSUs) | Disposition | 2024-04-01 | 12,977 | $0.00 | 12,977 | $0.00 |
| Common Stock | Restricted Stock Units (RSUs) | Disposition | 2024-04-01 | 49,800 | $0.00 | 49,800 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 194,664 | No | 4 | M | Direct | ||
| 348,606 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 155,737 | Indirect | By Jennifer Barchas Trust |
| Common Stock | 189,109 | Indirect | By Spouse |
| Common Stock | 2,717,177 | Indirect | By JoeBen Bevirt 2022 GRAT Trust |
Footnotes
- Sale made pursuant to the Reporting Person's approved 10b5-1 trading plan adopted on March 17, 2023.
- This transaction was executed in multiple trades at prices ranging from $5.13 to $5.39. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- The shares of common stock are held of record by The Joby Trust. The Reporting Person is the trustee of the Joby Trust and may be deemed to be the beneficial owner of such shares.
- Represents the aggregate number of shares sold by the Reporting Person to cover taxes due upon the release and settlement of the RSUs, as required by the terms of the RSU award.
- The shares of common stock are held of record by the JoeBen Bevirt 2020 Descendants Trust, dated December 26, 2020 (the "Descendants Trust"). The Reporting Person is the trustee of the Decendants Trust and may be deemed to be the beneficial owner of such shares.
- The shares of common stock are held of record by The Jennifer Barchas Trust (the "Barchas Trust"). The spouse of the Reporting Person has voting and dispositive power of the shares held by The Barchas Trust therefore may be deemed to be the beneficial owner of such shares to the extent of her pecuniary interest.
- The shares of common stock are held of record by the spouse of the Reporting Person.
- The shares of common stock are held of record by the JoeBen Bevirt 2022 GRAT Trust (the "2022 GRAT Trust"). The Reporting Person has voting and dispositive power of the shares held by the 2022 GRAT Trust therefore may be deemed to be the beneficial owner of such shares to the extent of his pecuniary interest.
- Represents an award of restricted stock units ("RSUs") that vest in 16 equal installments on the quarterly anniversary of January 1, 2024, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
- Represents an award of restricted stock units ("RSUs") that vests with respect to 10% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2022 and as to 5% of the total number of RSUs on each quarterly anniversary thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each RSU represents the contingent right to receive one share of Common Stock upon vesting.
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