SVF II Strategic Investments AIV LLC - Jul 23, 2023 Form 3 Insider Report for Symbotic Inc. (SYM)

Role
10%+ Owner
Signature
SVF II Strategic Investments AIV LLC, By: Stephen Lam, as Director
Stock symbol
SYM
Transactions as of
Jul 23, 2023
Transactions value $
$0
Form type
3
Date filed
8/2/2023, 04:10 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SYM Class A Common Stock 17.8M Jul 23, 2023 By SVF II Strategic Investments AIV LLC F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SYM Common Stock Warrants (right to buy) Jul 23, 2023 Class A Common Stock 11.4M $41.97 By Sunlight Investment Corp. F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 SoftBank Group Corp. is the parent company of SVF II Strategic Investments AIV LLC, which is the sole stockholder of Sunlight Investment Corp. As a result of these relationships, each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein. Each reporting owner disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest in such securities.
F2 Exercise of the warrants is subject to certain conditions set forth in the warrant, including the satisfaction of certain funding obligations pursuant to that certain Master Services, License and Equipment Agreement, dated as of July 23, 2023, by and between GreenBox Systems LLC and Symbotic LLC (the "MSLEA").
F3 The warrants expire on the later of (i) expiration of the term of the MSLEA and (ii) the date that is the 36-month anniversary of the date on which the warrant vested with respect to the applicable shares. The term of the MSLEA expires on July 23, 2027 unless earlier terminated pursuant to the terms of the MSLEA; provided that the term may be extended by GreenBox Systems LLC until July 23, 2029, subject to certain conditions.

Remarks:

Following the filing of this Form 3, SVF II Strategic Investments AIV LLC and Sunlight Investment Corp. will file Section 16 reports jointly with SoftBank Group Corp., SB Global Advisers Limited, SoftBank Vision Fund II-2 L.P., SVF II Aggregator (Jersey) L.P., SVF II Holdings (DE) LLC, SVF II SPAC Investment 3 (DE) LLC, SB Northstar GP and SB Northstar LP.