0001104659-23-070858.txt : 20230613 0001104659-23-070858.hdr.sgml : 20230613 20230613165602 ACCESSION NUMBER: 0001104659-23-070858 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230609 FILED AS OF DATE: 20230613 DATE AS OF CHANGE: 20230613 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Adcock Brett CENTRAL INDEX KEY: 0001882416 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39668 FILM NUMBER: 231011973 MAIL ADDRESS: STREET 1: C/O ARCHER AVIATION INC. STREET 2: 1880 EMBARCADERO ROAD CITY: PALO ALTO STATE: CA ZIP: 94303 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Archer Aviation Inc. CENTRAL INDEX KEY: 0001824502 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] 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 tm2318034-3_4seq1.xml OWNERSHIP DOCUMENT X0407 4 2023-06-09 0 0001824502 Archer Aviation Inc. ACHR 0001882416 Adcock Brett C/O STEVEN STOKDYK, LATHAM & WATKINS LLP 10250 CONSTELLATION BLVD., SUITE 1100 LOS ANGELES CA 90067 0 0 1 0 0 Class A Common Stock 2023-06-09 4 C 0 1000000 A 1000000 I See Footnote Class A Common Stock 2023-06-09 4 S 0 1000000 3.3085 D 0 I See Footnote Class A Common Stock 2023-06-12 4 C 0 1000000 A 1000000 I See Footnote Class A Common Stock 2023-06-12 4 S 0 1000000 3.6787 D 0 I See Footnote Class A Common Stock 4159347 D Class B Common Stock 2023-06-09 4 C 0 1000000 0.00 D Class A Common Stock 1000000 16495493 I See Footnote Class B Common Stock 2023-06-12 4 C 0 1000000 0.00 D Class A Common Stock 1000000 15495493 I See Footnote 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 outstanding. On June 9, 2023, the reporting persons directed the sale of 1,000,000 shares of the Issuer's Class B common stock, resulting in the automatic conversion of the shares into 1,000,000 shares of the Issuer's Class A common stock. On June 12, 2023, the reporting persons directed the sale of 1,000,000 shares of the Issuer's Class B common stock, resulting in the automatic conversion of the shares into 1,000,000 shares of the Issuer's Class A common stock. Weighted average price. These shares were sold in multiple transactions at prices ranging from $3.2200 to $3.5100 inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission (the "SEC"), upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (4) to this Form 4. Weighted average price. These shares were sold in multiple transactions at prices ranging from $3.5000 to $3.8750 inclusive. The reporting persons undertake to provide the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the shares sold at each separate price within the range set forth in this footnote (5) to this Form 4. The shares are held by Hight Drive Growth LLC ("Hight Drive"). Mr. Adcock is the sole managing member of Hight Drive and, as such, has voting and investment discretion with respect to the securities held directly by it. /s/ Brett Adcock 2023-06-13