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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/15/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1824502 |
| Issuer Name: Archer Aviation Inc. |
| Issuer Trading Symbol: ACHR |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1237371 |
| | Owner Name: MUNOZ OSCAR |
| Reporting Owner Address: |
| | Owner Street 1: C/O ARCHER AVIATION INC. |
| | Owner Street 2: 190 WEST TASMAN DRIVE |
| | Owner City: SAN JOSE |
| | Owner State: CA |
| | Owner ZIP Code: 95134 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Class A Common Stock |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 27,824 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 329,979 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 3/15/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 27,824 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F4 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Class A Common Stock |
| | | Underlying Security Shares: |
| Value: 27,824 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 27,824 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Each restricted stock unit represents the right to receive one share of the Issuer's Class A Common Stock, subject to the reporting person's continued service to the Issuer on the applicable vesting date. |
| Footnote - F2: The reported transaction represents the settlement of restricted stock units that vested on September 16, 2023, but for which settlement was deferred. |
| Footnote - F3: The award is scheduled to vest ratably in 1/3 increments on the first, second and third anniversaries of September 16, 2021. |
| Footnote - F4: These restricted stock units do not expire. They either vest or are canceled should the reporting person cease to provide services to the Issuer prior to the applicable vesting date. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Andy Missan, Attorney-in-Fact for Oscar Munoz |
| Signature Date: 3/19/24 |
