Perkins Tosha's Form 4 filing
Archer Aviation Inc. (ACHR) · filed Sep 26, 2022
- Accession no.
- 0001209191-22-051301
- Filed
- Sep 26, 2022
- Trade date
- Sep 22-26, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $175.5K. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Perkins ToshaCIK 0001797669 | Officer (Chief People Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 22, 2022 | Class A Common Stock | MOption exerciseAcquired | +100,000 | $0.00F1 | $0 | 100,000 | Direct | |
| Sep 23, 2022 | Class A Common Stock | FTax withholdingDisposed | −37,758 | $2.75F3 | −$103,834.5 | 62,242 | Direct | |
| Sep 26, 2022 | Class A Common Stock | SSaleDisposed | −62,242 | $2.82F5 | −$175,522.44 | 0 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 22, 2022 | Class A Common Stock | MOption exerciseAcquired | +100,000 | $0.00F1 | $0 | 200,000 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
No consideration was paid by the reporting person to the issuer for the vested shares. However, settlement of the restricted stock units for shares was deferred, pursuant to the award agreement between the issuer and the reporting person, until the date on which an issuer-mandated sale of shares may be executed to cover the reporting person's tax obligations in respect of the vesting event.
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.7015 to $2.85, inclusive. The reporting person undertakes to provide to Archer Aviation Inc., any security holder of Archer Aviation Inc., 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 3 and 5 of this Form 4.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.715 to $2.905, inclusive.
Referenced by the price of 1 transaction in Table I.