Joby Aviation (NYSE: JOBY) grants time- and performance-based RSUs to DeHoff
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DeHoff Kate reported acquisition or exercise transactions in this Form 4 filing.
Joby Aviation, Inc. reported that officer Kate DeHoff received two grants of restricted stock units as equity compensation. She was awarded 100,908 RSUs that vest over time, with 5% vesting on each of the first four quarterly anniversaries of January 1, 2026 and 10% vesting on each quarterly anniversary thereafter, subject to continued service. She also received 201,816 RSUs that vest in multiple tranches upon achieving specified performance goals on or before the third anniversary of the grant date, also requiring continued service. Each RSU represents the right to receive one share of common stock upon vesting, so no shares were bought or sold in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DeHoff Kate
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSUs) | 100,908 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (RSUs) | 201,816 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 100,908 shares (Direct)
Footnotes (1)
- 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. 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.
FAQ
What insider transactions did Joby Aviation (JOBY) report for Kate DeHoff?
Joby Aviation reported that officer Kate DeHoff received two RSU grants. One grant covers 100,908 RSUs with time-based vesting, and another covers 201,816 RSUs with performance-based vesting, both contingent on her continued service.
How many restricted stock units did Kate DeHoff receive from Joby Aviation (JOBY)?
Kate DeHoff received a total of 302,724 restricted stock units. This consists of 100,908 time-based RSUs and 201,816 performance-based RSUs, each representing the right to receive one share of Joby Aviation common stock upon vesting.
What is the vesting schedule for Kate DeHoff’s 100,908 time-based RSUs at Joby Aviation (JOBY)?
The 100,908 time-based RSUs vest 5% on each of the first four quarterly anniversaries of January 1, 2026, then 10% on each quarterly anniversary thereafter. Vesting requires DeHoff’s continued service through each applicable vesting date.
How do the performance-based RSUs granted to Kate DeHoff at Joby Aviation (JOBY) vest?
The 201,816 performance-based RSUs vest in multiple tranches upon achieving specified goals on or before the third anniversary of the grant date. Vesting also depends on Kate DeHoff’s continued service through the applicable vesting dates.
What does each RSU granted to Kate DeHoff by Joby Aviation (JOBY) represent?
Each RSU represents a contingent right to receive one share of Joby Aviation common stock upon vesting. The shares only deliver if the applicable time-based or performance-based vesting conditions and continued service requirements are satisfied.