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

Signature
/s/ Christian Ehrbar, Attorney in Fact
Stock symbol
BGRY
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
3
Date filed
7/30/2021, 03:51 PM
Next filing
Jul 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BGRY Class A Common Stock 435K Jul 26, 2021 Direct F1
holding BGRY Class A Common Stock 2.04M Jul 26, 2021 Direct F2
holding BGRY Class A Common Stock 3.5M Jul 26, 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