Benjamin G. Wolff - Mar 11, 2022 Form 4 Insider Report for Sarcos Technology & Robotics Corp (STRC)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/ Julie Wolff, Attorney-in-fact on behalf of Benjamin G. Wolff
Stock symbol: STRC
Transactions as of: Mar 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/14/2022, 04:24 PM
Previous filing: Jan 6, 2022
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRC	Common Stock	Other	$0	-4.8M	-32.88%	$0.00	9.8M	Mar 11, 2022	See footnote	F1, F2
transaction	STRC	Common Stock	Other	$0	+4.8M	+88.79%	$0.00	10.2M	Mar 11, 2022	Direct	F1
transaction	STRC	Common Stock	Gift	$0	-4.8M	-47.03%	$0.00	5.41M	Mar 11, 2022	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 11, 2022, Mare's Leg Capital, LLC ("MLC") transferred 4,800,000 shares to Mr. Wolff and Mrs. Wolff as members of MLC for no consideration. Subsequently, on March 11, 2022, Mr. Wolff and Mrs. Wolff transferred the shares they received from MLC to three trusts created for estate planning purposes. Specifically, Mr. Wolff and Mrs. Wolff transferred 1,600,000 shares to each of Mare's Leg Trust, WXW Trust and Corrival Trust (each, a "Trust" and collectively, the "Trusts" and such shares, the "Transfer Shares"), as a gift for no consideration for estate planning purposes. The trustee of each Trust is Willow Street Trust Company of Wyoming, LLC (the "Trustee") and the beneficiaries of each Trust are Mr. Wolff and Mrs. Wolff together with their family.
F2	Represents shares held by MLC, an entity wholly owned by Mr. Wolff and Mrs. Wolff, together with their family members.

Content

On March 11, 2022, Mare's Leg Capital, LLC ("MLC") transferred 4,800,000 shares to Mr. Wolff and Mrs. Wolff as members of MLC for no consideration. Subsequently, on March 11, 2022, Mr. Wolff and Mrs. Wolff transferred the shares they received from MLC to three trusts created for estate planning purposes. Specifically, Mr. Wolff and Mrs. Wolff transferred 1,600,000 shares to each of Mare's Leg Trust, WXW Trust and Corrival Trust (each, a "Trust" and collectively, the "Trusts" and such shares, the "Transfer Shares"), as a gift for no consideration for estate planning purposes. The trustee of each Trust is Willow Street Trust Company of Wyoming, LLC (the "Trustee") and the beneficiaries of each Trust are Mr. Wolff and Mrs. Wolff together with their family.

Represents shares held by MLC, an entity wholly owned by Mr. Wolff and Mrs. Wolff, together with their family members.