Kiva A. Allgood - Dec 13, 2021 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Signature
/s/ Julie Wolff, attorney-in-fact on behalf of Kiva A. Allgood
Stock symbol
STRC
Transactions as of
Dec 13, 2021
Transactions value $
$0
Form type
4
Date filed
12/14/2021, 08:53 PM
Previous filing
Nov 30, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Award $0 +410K $0.00 410K Dec 13, 2021 Direct 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
transaction STRC Stock Option (right to buy) Award $0 0 0% $0.00* 680K Dec 13, 2021 Common Stock 680K $7.31 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs") granted pursuant to the 2021 Equity Incentive Plan (the "Plan") which can only be settled with shares of common stock. 25% of the award will vest on December 13, 2022, and thereafter 1/12 of the remaining portion of the award will vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.
F2 25% of the shares subject to the Option will vest on December 13, 2022, and thereafter 1/12 of the shares subject to the Option shall vest every three months on the same day of the month, subject to the Reporting Person's continued service to the Issuer through such date.