Steven Q. Hansen - Dec 28, 2021 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role
Chief Financial Officer
Signature
/s/ Julie Wolff, Attorney -in-fact on behalf of Steven Q. Hansen
Stock symbol
STRC
Transactions as of
Dec 28, 2021
Transactions value $
-$3,411
Form type
4
Date filed
12/30/2021, 05:00 PM
Previous filing
Sep 24, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability -$3.41K -347 -1.35% $9.83* 25.3K Dec 28, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported shares are represented by restricted stock units, or RSUs, of which 8,548 have vested as of December 1, 2021 and the remaining shares vest beginning on January 1, 2022 in monthly installments equal to 1/36 of the total RSUs subject to the award. Settlement of the remaining vested RSUs will not occur until March 15, 2022.
F2 In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of RSUs.