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

Role
Chief Financial Officer
Signature
/s/ Julie Wolff, Attorney -in-fact on behalf of Steven Q. Hansen
Issuer symbol
PDYN
Transactions as of
28 Dec 2021
Net transactions value
-$3,411
Form type
4
Filing time
30 Dec 2021, 17:00:34 UTC
Previous filing
24 Sep 2021
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRC Common Stock Tax liability $3,411 -347 -1.4% $9.83* 25,299 28 Dec 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.