Archer Aviation Inc. — Director's Dealing 2022

Apr 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Archer Aviation Inc. (ACHR)
CIK: 0001824502
Period of Report: 2022-04-14

Reporting Person: Adcock Brett (Director, 10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-14	Class B Common Stock	$	D	5002306	Disposed		Class A Common Stock (5002306)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (27756278)	27756278	Indirect

Footnotes

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.