Steven Jay Johnson - 26 Jul 2021 Form 3 Insider Report for Berkshire Grey, Inc.

Signature
/s/ Christian Ehrbar, Attorney in Fact
Issuer symbol
N/A
Transactions as of
26 Jul 2021
Net transactions value
$0
Form type
3
Filing time
30 Jul 2021, 15:51:30 UTC
Next filing
24 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BGRY Class A Common Stock 435,171 26 Jul 2021 Direct F1
holding BGRY Class A Common Stock 2,042,633 26 Jul 2021 Direct F2
holding BGRY Class A Common Stock 3,501,631 26 Jul 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the business combination between Berkshire Grey, Inc. (f/k/a Revolution Acceleration Acquisition Corp) (the "Company") and Berkshire Grey Operating Company, Inc. (f/k/a Berkshire Grey, Inc.) ("Legacy Berkshire Grey"), each share of Legacy Berkshire Grey common stock was converted into the right to receive approximately 5.87585 shares of the Company's Class A Common Stock.
F2 The shares are restricted and subject to repurchase by the company pursuant to the applicable award agreement, which restrictions and repurchase right will lapse with respect to the shares on a monthly basis in an amount equal to 2.0833% of the shares each month.
F3 The shares are restricted and subject to repurchase by the company pursuant to the applicable award agreement, which restrictions and repurchase right will lapse based on the achievement of certain performance criteria.

Remarks:

President & Chief Operating Officer Exhibit 24 - Power of Attorney