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