0001415889-24-013621.txt : 20240517 0001415889-24-013621.hdr.sgml : 20240517 20240517183538 ACCESSION NUMBER: 0001415889-24-013621 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lentell Eric CENTRAL INDEX KEY: 0002016416 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39668 FILM NUMBER: 24961891 MAIL ADDRESS: STREET 1: C/O ARCHER AVIATION INC. STREET 2: 190 WEST TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Archer Aviation Inc. CENTRAL INDEX KEY: 0001824502 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 852730902 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 190 WEST TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 650-272-3233 MAIL ADDRESS: STREET 1: 190 WEST TASMAN DRIVE CITY: SAN JOSE STATE: CA ZIP: 95134 FORMER COMPANY: FORMER CONFORMED NAME: Atlas Crest Investment Corp. DATE OF NAME CHANGE: 20200911 4 1 form4-05172024_100530.xml X0508 4 2024-05-15 0001824502 Archer Aviation Inc. ACHR 0002016416 Lentell Eric C/O ARCHER AVIATION INC. 190 WEST TASMAN DRIVE SAN JOSE CA 95134 false true false false General Counsel and Secretary 0 Class A Common Stock 2024-05-15 4 M 0 18750 0 A 18750 D Class A Common Stock 2024-05-15 4 M 0 22866 0 A 41616 D Class A Common Stock 2024-05-15 4 M 0 19796 0 A 61412 D Class A Common Stock 2024-05-15 4 M 0 8946 0 A 70358 D Class A Common Stock 2024-05-17 4 F 0 26693 3.6588 D 43665 D Restricted Stock Units 2024-05-15 4 M 0 18750 0 D Class A Common Stock 18750 93750 D Restricted Stock Units 2024-05-15 4 M 0 22866 0 D Class A Common Stock 22866 205794 D Restricted Stock Units 2024-05-15 4 M 0 19796 0 D Class A Common Stock 19796 217761 D Restricted Stock Units 2024-05-15 4 M 0 8946 0 D Class A Common Stock 8946 134184 D Represents shares sold in satisfaction of the reporting person's tax liability arising as a result of the settlement of restricted stock units. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.605 to $3.82, 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. 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. 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 November 15th, March 1st, May 15th, and August 15th. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests as to: (i) 1/4 of the total award on August 15, 2023; and (ii) 1/16 of the total award quarterly thereafter on November 15th, March 1st, May 15th, and August 15th. The award vested or vests as to 1/16 of the total award beginning on May 15, 2023 and thereafter quarterly on August 15th, November 15th, March 1st, and May 15th. The award vested or vests at to 1/16 of the total award beginning on May 15, 2024, and thereafter quarterly on August 15th, November 15th, March 1st, and May 15th. /s/ Eric Lentell 2024-05-17