Reinvent Technology Partners (RTP) executive Bowles received 57,610 shares
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Insider transactions reported
Gregory Bowles (executive at Reinvent Technology Partners, RTP) reported that they received 57,610 shares on Aug 10, 2021. After these transactions the filing shows 57,610 shares held directly.
- Reporting person
- Bowles Gregory
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Aug 10, 2021 | Grant or award (A) | Common Stock1 | +57,610 | - | - | 57,610 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Aug 10, 2021 | Grant or award (A) | Stock OptionsOn 218,964 Common Stock2, 4, 5 | +218,964 | - | - | 103,715 direct |
| Aug 10, 2021 | Grant or award (A) | RSUOn 267,721 Common Stock2, 3, 6 | +267,721 | - | - | 267,721 direct |
Holdings before and after
- Common Stock: 0 to 57,610 direct
- Stock Options: 0 to 103,715 direct
- RSU: 0 to 267,721 direct
Footnotes from the filing
- 1. On August 10, 2021, pursuant to that certain Agreement and Plan of Merger, dated as of February 23, 2021, by and among Issuer, RTP Merger Sub Inc. ( Merger Sub ) and Joby Aero, Inc. ( Joby ), Merger Sub merged with and into Joby with Joby surviving as a wholly owned subsidiary of the Issuer (the Merger ). Upon consummation of the Merger (the Effective Time ), each issued and outstanding share of common stock of Joby was automatically cancelled and converted into approximately 3.4572 shares of common stock of the Issuer.
- 2. Upon consummation of the Merger, each outstanding option to purchase shares of Joby common stock (each a Joby Option ) was automatically converted into an option to purchase a number of shares of common stock of the Issuer equal to (i) the number of shares of Joby common stock subject to the applicable Joby Option, multiplied by (ii) 3.4572, rounded down to the nearest whole share.
- 3. Upon consummation of the Merger, each outstanding Joby restricted stock unit award (each, a Joby RSU Award ) was automatically converted into a restricted stock unit award covering a number of shares of common stock of the Issuer equal to (i) the number of shares of Joby common stock subject to the applicable Joby RSU Award, multiplied by (ii) 3.4572, rounded down to the nearest whole share.
- 4. Represents a stock option that vested with respect to 16.66% of the underlying shares on April 29, 2020 and vests as to the remaining 83.34% of underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date.
- 5. Represents a stock option that vested with respect to 16.66% of the underlying shares on January 13, 2021 and vests as to the remaining 83.34% of the underlying shares in 20 quarterly installments thereafter, subject to the reporting person's continued service through the applicable vesting date.
- 6. Represents an award of restricted stock units ( RSUs ) that vests with respect to 16.66% of the RSUs on Feburary 21, 2022 and as to the remaining 83.34% in 20 quarterly installments 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.
Transaction codes in this filing
- Grant or award:
- Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
FAQ
What did Bowles report in this RTP Form 4?
Gregory Bowles (executive at Reinvent Technology Partners, RTP) reported that they received 57,610 shares on Aug 10, 2021. After these transactions the filing shows 57,610 shares held directly.
How many RTP shares does Bowles hold after this filing?
The filing shows 57,610 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code A mean on an SEC Form 4?
Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.
Historical context for RTP
Earlier insider filings at RTP
- Aug 12, 2021SEC Form 4 filed by Field Matthew
- Aug 12, 2021SEC Form 4 filed by DeHoff Kate
Quantisnow market dataNYSE
RTP
Reinvent Technology Partners
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Business Services
- Listed since
- 2020
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