Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-22-024752
Date:2022-04-14
Issuer: ARCHER AVIATION INC. (ACHR)
Original Submission Date:

Reporting Person:

ADCOCK BRETT
C/O ARCHER AVIATION INC.
1880 EMBARCADERO ROAD PALO ALTO, CA 94303

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
CLASS B COMMON STOCK 0.0 2022-04-14 deemed execution date D 5,002,306 (d) class a common stock 5,002,306 $0.00 4,159,347 direct
CLASS B COMMON STOCK 0.0 deemed execution date 0 ( ) class a common stock 27,756,278 $0.00 27,756,278 indirect see footnote
Footnotes
IDfootnote
f1 each share of the issuer's class b common stock is convertible into one share of the issuer's class a common stock at any time and will convert automatically upon certain transfers, whether or not for value, or upon the earliest to occur of: (i) september 16, 2031; (ii) the date specified in writing by the holders of two-thirds of the then outstanding shares of class b common stock; and (iii) the date as of which the number of outstanding shares of class b common stock represents less than 10.0% of the aggregate number of shares of class b common stock and class a common stock oustanding.
f2 represents the forfeiture of performance-based restricted stock units which vested on september 16, 2021, but for which settlement was deferred pursuant to mr. adcock's award agreement with the issuer.
f3 the shares are held by hight drive growth llc. mr. adcock is the sole managing member of hight drive growth llc.

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