# EDGAR Filing Document

**Accession Number:** 0001824502
**File Stem:** 0001104659-23-004332
**Filing Date:** 2023-1
**Character Count:** 8535
**Document Hash:** 9d0a01afafd3745441fb816a1a6da36b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-004332.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0001104659-23-004332

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230112

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**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:** 23532407

**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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Adcock Brett<br><sub>(Last) (First) (Middle)</sub><br>C/O STEVEN B. STOKDYK LATHAM&WATKINS LLP<br>10250 CONSTELLATION BLVD., SUITE 1100<br><sub>(Street)</sub><br>LOS ANGELES, CA 90067<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-01-12 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Archer Aviation Inc. [ ACHR ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2023-01-12 |  | C |  | 210000 | A | <sup>(2)</sup> | 210000 | I | See Footnote<sup>(6)</sup> |
| Class A Common Stock | 2023-01-12 |  | S |  | 210000 | D | 2.4533<sup>(4)</sup> | 0 | I | See Footnote<sup>(6)</sup> |
| Class A Common Stock | 2023-01-13 |  | C |  | 200000 | A | <sup>(3)</sup> | 200000 | I | See Footnote<sup>(6)</sup> |
| Class A Common Stock | 2023-01-13 |  | S |  | 200000 | D | 2.6007<sup>(5)</sup> | 0 | I | See Footnote<sup>(6)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | <sup>(1)</sup> | 2023-01-12 |  | C |  |  | 210000 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 210000 | $0.00 | 24186278 | I | See Footnote<sup>(6)</sup> |
| Class B Common Stock | <sup>(1)</sup> | 2023-01-13 |  | C |  |  | 200000 | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 200000 | $0.00 | 23986278 | I | See Footnote<sup>(6)</sup> |
| Class B Common Stock | <sup>(1)</sup> |  |  |  |  |  |  | <sup>(1)</sup> | <sup>(1)</sup> | Class A Common Stock | 4159347 |  | 4159347 | D |  |

---

### Footnotes:

(1) 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.

(2) On January 12, 2023, the reporting persons directed the sale of 210,000 shares of the Issuer's Class B common stock, resulting in the automatic conversion of the shares into 210,000 shares of the Issuer's Class A common stock.

(3) On January 13, 2023, the reporting persons directed the sale of 200,000 shares of the Issuer's Class B common stock, resulting in the automatic conversion of the shares into 200,000 shares of the Issuer's Class A common stock.

(4) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.4000 to $2.5650 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.

(5) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.5600 to $2.7000 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.

(6) 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.

**Signature:** /s/ Brett Adcock  
**Date:** 2023-01-17

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**