Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | STRC | Common Stock | Award | $500K | +50K | +0.34% | $10.00 | 14.6M | Sep 24, 2021 | See footnote | F1 |
holding | STRC | Common Stock | 5.42M | Sep 24, 2021 | Direct | F2 |
Id | Content |
---|---|
F1 | On April 5, 2021, the issuer entered into subscription agreements with certain investors (the PIPE Investors) pursuant to which the PIPE Investors agreed to purchase shares of the common stock of the issuer for $10.00 per share in connection with, and conditioned upon, the substantially concurrent consummation of certain transactions, including the Agreement and Plan of Merger, dated as of April 5, 2021, as amended on August 28, 2021, by and among Sarcos Corp., Rotor Merger Sub Corp. and Rotor Acquisition Corp. (the Business Combination). As one of the PIPE Investors, on September 24, 2021, Mares Leg Capital, LLC (Mares Leg) acquired 50,000 shares of the common stock of the issuer for $10.00 per share. Mares Leg is an entity wholly owned by Mr. Wolff and his spouse Julie Wolff. |
F2 | Includes 287,205 restricted stock units ("RSU"), each RSU representing the right to receive one share of common stock of the issuer. |