Joby Aviation exec awarded RSUs, exercises options
Joby Aviation, Inc. President of Operations Simi Bonny W reported equity-based compensation and an option exercise.
Rhea-AI Filing Summary
Joby Aviation, Inc. President of Operations Simi Bonny W reported equity-based compensation and an option exercise. The executive received two awards of restricted stock units for 100,908 and 201,816 RSUs, each RSU representing one share of common stock upon vesting under time- and performance-based schedules. Bonny also exercised stock options to acquire 56,581 shares of common stock at $1.77 per share, resulting in direct ownership of 204,045 common shares after the transactions. All reported entries are acquisitions or grants, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
56,581 shares exercised/converted
Exercise
4 txns
Insider
Simi Bonny W
Role
President of Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 100,908 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSUs) | 201,816 | $0.00 | $0.00 |
| Exercise | Stock Options | 56,581 | $1.77 | $100K |
| Exercise | Common Stock | 56,581 | $1.77 | $100K |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 302,724 contracts (Direct);
Stock Options — 321,555 contracts (Direct);
Common Stock — 204,045 shares (Direct)
Footnotes (3)
- F1. Represents an award of restricted stock units ("RSUs") that vests with respect to 5% of the total number of RSUs on each of the first four quarterly anniversaries of January 1, 2026 and as to 10% 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.
- F2. Represents an award of restricted stock units ("RSUs") that vests in multiple tranches upon the achievement of specified goals, provided that such goals are achieved on or prior to the third anniversary of the grant date, 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.
- F3. Represents a stock option that is immediately exercisable with respect to 74% of the underlying shares and 3.74% of the underlying shares become exercisable thereafter on each of December 15, 2021 and March 15 of each of the following years with the last installment becoming exercisable on January 1, 2027.
FAQ
What insider transactions did Joby Aviation (JOBY) report for Simi Bonny W?
Joby Aviation reported that President of Operations Simi Bonny W received two restricted stock unit awards and exercised stock options for 56,581 common shares. All reported transactions were acquisitions or grants, not open-market purchases or sales, and increased the executive’s equity-based exposure.
How many restricted stock units were granted to the Joby Aviation executive?
The executive received two restricted stock unit awards covering 100,908 and 201,816 RSUs. Each RSU represents a contingent right to receive one share of Joby Aviation common stock upon vesting, subject to continued service and, for one grant, the achievement of specified performance goals.
What are the vesting terms for the new Joby Aviation RSU awards?
One RSU award vests 5% on each of the first four quarterly anniversaries of January 1, 2026 and 10% on each quarterly anniversary thereafter, conditioned on continued service. The second award vests in tranches upon achieving specified goals by the third anniversary of the grant date.
What stock option activity did the Joby Aviation Form 4 disclose?
The filing shows Simi Bonny W exercised stock options covering 56,581 shares of Joby Aviation common stock at an exercise price of $1.77 per share. This exercise converted a derivative position into additional common shares held directly, rather than representing an open-market trade.
Were there any Joby Aviation insider stock sales or tax withholdings in this Form 4?
No. The Form 4 reports only grants of restricted stock units and an option exercise by Simi Bonny W, with no open-market sales, gifts, or tax-withholding dispositions. All transactions increased or established the executive’s equity interests in Joby Aviation rather than reducing them.
AI-generated analysis. How Rhea-AI works. Not financial advice.
